Cancelled or suspended business licences
If your NSW licence is cancelled or suspended, you need to stop work, remove advertising, notify your clients, and return your licence.
Your licence or certificate can be cancelled or suspended for a range of disciplinary reasons and/or if you:
- become involved in unlawful activity
- obtain a licence by misrepresentation or fraudulent means
- become bankrupt or subject to a winding up order.
Property, stock and business agents or conveyancers
NSW Fair Trading can assist with licences or certificates under the Property and Stock Agents Act 2002 or the Conveyancers Licensing Act 2003.They can help make alternative arrangements for incomplete real estate transactions particularly when client funds are involved.
Motor vehicle repairers and motor dealers
If you had a licence or tradesperson certificate issued under the Motor Vehicle Repairs Act 2013, you should refund any money paid in advance for work you can’t finish. Also, let clients pick up their motor vehicles, but keep any right of lien for completed work.
If you had a licence issued under the Motor Dealers Act 2013, for any consignment sales, you should return unsold motor vehicles to the owners. Also, refund the net sale proceeds from any sold vehicles.
Pawnbrokers and second-hand dealers
If you had a licence issued under the Pawnbrokers and Second-hand Dealers Act 1996, you must provide verbal or written notice to people whose goods are still being held and the redemption period has not yet expired. The Secretary can make such orders if a licence is revoked or suspended by the Secretary or surrendered or not renewed.
Legislation that supports this page
- Property, Stock and Business Agents Act 2002
- Conveyancers Licensing Act 2003
- Motor Dealers Act 1974
- Pawnbrokers and Second-hand Dealers Act 1996