The NSW Government recently announced its intention to make changes to taxi licensing arrangements. The Minister for Transport and Roads and the Minister for Regional Transport and Roads have committed to closely consulting key taxi stakeholders to set up an appropriate industry assistance scheme.
Taxi licence owners should seek their own financial and legal advice on whether they should sell their taxi licence, or whether they should buy a taxi licence.
Renewing taxi licences
Taxi licences are issued under the Point to Point Transport (Taxis and Hire Vehicles) Act 2016. They are granted for a term of 12 months and can be renewed up to nine times.
Ordinary taxi licences issued under the Passenger Transport Act 1990 or previous legislation continue to be in force and can be renewed prior to their term expiring. Taxi licences (other than ordinary or short-term taxi licences) issued under the Passenger Transport Act 1990 can be renewed up to nine times since they were first issued.
The Point to Point Transport Commissioner will send a renewal notice to the licence holder shortly before the renewal date. Renewals can be made through the Industry Portal.
Taxi licence renewal attracts a $200 application fee as well as the annual licence fee.
Surrendering taxi licences
A holder of a taxi licence may, at any time, surrender the taxi licence by giving the Commissioner a notice of surrender. A notice of surrender must be in the form approved by the Commissioner and specify the date for the surrender to take effect. Any outstanding licence fees at the time of surrender remain payable.
Suspension and cancellation of taxi licences
The Point to Point Transport Commissioner may suspend or cancel a taxi licence if:
the licence holder fails to comply with a condition of the licence
the licence holder fails to comply with the point to point transport law
the taxi service for which the licensed taxi is used has been or is being conducted in a manner that causes danger to the public
for any other reason the Commissioner sees fit.
A taxi licence which has been cancelled ceases to be in force from the date of cancellation and a taxi licence which has been suspended ceases to be in force from the date of suspension. The number plates must be surrendered within seven days to Service NSW. Licence fees are not refundable.