(1) The road transport authority must, in accordance with the regulations, recognise—
(a) Australian driver licences issued by the licensing authorities of other jurisdictions; and
(b) conditions that apply to those licences, other than conditions that apply only in circumstances that are unique to another jurisdiction or that are prescribed under the regulations.
(2) The regulations may make provision for or with respect to the effect of the recognition of licences and licence conditions by the road transport authority.