If your circumstances change, you may need to vary or cancel your licence.
The following are situations where you may need to vary the conditions of your licence:
The nature of your business changes – for example, you want to engage in credit activities that are not authorised under your existing credit licence.
One of the conditions of your licence changes – for example, if you have a ‘key person’ condition on your licence and that person leaves your business.
How to vary your licence
To vary your credit licence, you need to complete and lodge Form CL03Vary authorisations or conditions of an Australian credit licence, online.
What happens after we receive your request to vary your licence?
An ASIC staff member will contact you to discuss your application.
