Section 11 of the Principal Act is amended as follows:

(a) by omitting subsection (2) and substituting the following subsections:

(2)  A licence granted by the Director under this Act is valid for the period of 3 years commencing on the date on which the licence is granted.

(2A)  A licence held by a person by virtue of holding deemed registration is valid for the period in respect of which the deemed registration is in force.

(b) by omitting from subsection (3)(b) "this Act" and substituting "this Act or in accordance with an Act of another State or of a Territory" .