s. 32 (c) the commercial agent shall within 14 days S. 31B(3)(c) after receiving the additional certificate amended by No. 57/1989 lodge it with the registrar at the proper venue s. 3(Sch. of the Magistrates' Court. item 164.13). (4) If the additional trustee securities are not lodged S. 31B(4) amended by with the Treasurer by the stated day, the Chief No. 100/1995 Commissioner, on being so informed by the s. 32(Sch. 2 item 6), Secretary to the Department of Treasury and 33/2004 Finance, shall— s. 202(Sch. item 8(a)). (a) notify the registrar at the proper venue of the S. 31B(4)(a) amended by Magistrates' Court that the additional trustee No. 57/1989 securities were not lodged on the stated day, s. 3(Sch. item 164.13). and apply to the Court to have the licence of the commercial agent suspended; and (b) serve a copy of the application on the commercial agent. (5) On the hearing of the application of the Chief S. 31B(5) amended by Commissioner pursuant to subsection (4) the No. 33/2004 Court shall (unless the commercial agent satisfies s. 202(Sch. item 8(b)). it that the additional certificate has been obtained) forthwith suspend the licence of the commercial agent until such time as it is satisfied that the additional trustee securities have been lodged with the Treasurer by the commercial agent. (6) During the suspension of the licence the commercial agent shall be deemed not to be the holder of a licence. 32 Termination of fidelity bond (1) A fidelity bond given pursuant to this Act may, by S. 32(1) amended by notice in writing served personally or by post Nos 57/1989 upon the commercial agent, the registrar at the s. 3(Sch. item 164.14(a)), proper venue of the Magistrates' Court and the 33/2004 Chief Commissioner, be terminated by the ss 194, 202(Sch. insurance company or person. item 9).
S. 31B(3)(c) amended by No. 57/1989 s. 3(Sch. item 164.13). (c) the commercial agent shall within 14 days after receiving the additional certificate lodge it with the registrar at the proper venue of the Magistrates' Court. S. 31B(4) amended by No. 100/1995 s. 32(Sch. 2 item 6), 33/2004 s. 202(Sch. item 8(a)). (4) If the additional trustee securities are not lodged with the Treasurer by the stated day, the Chief Commissioner, on being so informed by the Secretary to the Department of Treasury and Finance, shall— S. 31B(4)(a) amended by No. 57/1989 s. 3(Sch. item 164.13). (a) notify the registrar at the proper venue of the Magistrates' Court that the additional trustee securities were not lodged on the stated day, and apply to the Court to have the licence of the commercial agent suspended; and (b) serve a copy of the application on the commercial agent. S. 31B(5) amended by No. 33/2004 s. 202(Sch. item 8(b)). (5) On the hearing of the application of the Chief Commissioner pursuant to subsection (4) the Court shall (unless the commercial agent satisfies it that the additional certificate has been obtained) forthwith suspend the licence of the commercial agent until such time as it is satisfied that the additional trustee securities have been lodged with the Treasurer by the commercial agent. (6) During the suspension of the licence the commercial agent shall be deemed not to be the holder of a licence. 32 Termination of fidelity bond s. 32 S. 32(1) amended by Nos 57/1989 s. 3(Sch. item 164.14(a)), 33/2004 ss 194, 202(Sch. item 9). (1) A fidelity bond given pursuant to this Act may, by notice in writing served personally or by post upon the commercial agent, the registrar at the proper venue of the Magistrates' Court and the Chief Commissioner, be terminated by the insurance company or person.