(1) A licence commences on the day specified in the licence and remains in force until it is revoked or suspended.
(2) If:
(a) the licence covers therapeutic goods that are exempt under section 18A; and
(b) those goods cease to be exempt under that section before the licence is revoked;
the licence ceases to be in force in relation to those goods when those goods cease to be exempt under that section.
Note: An exemption under section 18A may cease to have effect only in relation to some of the goods covered by the exemption, see subsection 18A(5).
(3) If:
(a) the licence covers a biological that is exempt under section 32CB; and
(b) the biological ceases to be exempt under that section before the licence is revoked;
the licence ceases to be in force in relation to the biological when the biological ceases to be exempt under that section.
Note: An exemption under section 32CB may cease to have effect only in relation to some of the biologicals covered by the exemption: see subsections 32CB(5) and 32CD(1).