(1) The Comptroller - General of Customs may, at any time, impose additional conditions to which the licence is subject if the Comptroller - General of Customs considers the conditions to be necessary or desirable:
(a) for the protection of the revenue; or
(b) for the purpose of ensuring compliance with the Customs Acts, any other law of the Commonwealth prescribed by the regulations or a law of a State or Territory prescribed by the regulations; or
(c) for any other purpose.
(2) If the Comptroller - General of Customs imposes conditions under subsection (1):
(a) the Comptroller - General of Customs must, by written notice to the holder of the warehouse licence, notify the holder of the conditions; and
(b) the conditions cannot take effect before:
(i) the end of 30 days after the giving of the notice; or
(ii) if the Comptroller - General of Customs considers that it is necessary for the conditions to take effect earlier--the end of a shorter period specified in the notice.