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Liquor and Accommodation Act 1990 (No. 44 of 1990)
|Requested: 31 Jul 2014|
|Consolidated as at: Sessional|
99. Termination payment
(1) If a licence ceases to be valid the Commissioner may charge a termination payment equal to the amount that would have been payable under the licence on the next 1 January had it continued to be valid until that date less the amount that became payable under the licence on the previous 1 January.
(2) In calculating, for the purpose of subsection (1), the amount that would have been payable on the next 1 January, the Commissioner shall apply the provisions of section 98 except that the Commissioner may use as the relevant period for the purpose of section 98(5) either the period of 12 months referred to in that section or the period of 12 months ending when the licence ceased to be valid.
(3) For the purposes of assessing any fee to be paid under subsection (1) the former licensee shall, if required to do so by the Commissioner, provide to the Commissioner, within the month after the licence ceased to be valid, with abstracts of the records kept by the former licensee in respect of the periods referred to in subsection (2).
(4) The provisions of section 100 apply in respect of a termination payment payable under subsection (1).
(5) A termination payment is payable 2 months after the licence ceased to be valid.