(1)  Subject to this regulation, a driver licence other than a driver licence receipt, is to be issued for a term of years specified in the licence of not less than one year and not more than 5 years.

(2)  A driver licence receipt is issued for the period ending at the earliest of the following:

(a) the date stated in the receipt as the date on which the receipt expires;

(b) a driver licence, other than a driver licence receipt, is received by the person to whom it is issued;

(c) the Registrar, by notice in writing to the holder of the receipt, cancels the receipt on the ground that the receipt was issued in error.

(3)  If a driver licence is issued to a person on the surrender of an Australian driver licence of an equivalent class issued under a corresponding law, the licence is to be issued for a term of 5 years, or the balance of the term of the surrendered licence, whichever is the shorter.

(4)  If a driver licence is issued to a person on the surrender of a driver licence of a lower class in the hierarchy of licence classes, the new licence is to be issued for the balance of the term of the surrendered licence or some other term as agreed between the applicant and the Registrar.

(5)  If a person who holds a driver licence in the hierarchy of licence classes becomes entitled to hold a motor cycle licence or, conversely, a person who holds a motor cycle licence becomes entitled to hold a driver licence of a particular class in the hierarchy of licence classes, a new driver licence of both classes is to be issued, on the surrender of the earlier licence, for the balance of the term of the surrendered licence or some other term as agreed between the applicant and the Registrar.

(6)  If the earlier driver licence that is surrendered under subregulation (5) is an interlock licence, each class of driver licence specified on the licence that is issued under that subregulation, including a class of driver licence relating to a learner licence, is subject to the I condition.