Document ID: chunk:federal_register_of_legislation:F2025C00027:reg:59
Version: federal_register_of_legislation:F2025C00027
Segment Type: reg
Provision Reference: reg 59
Character Range: 93323–94242

59  Regulator may determine different periodic revision day
 (1) This section applies if the Regulator grants a plan revision approval application under section 71 in relation to a relevant licence.
 (2) When the Regulator grants the application, the Regulator may determine that the periodic revision day for the relevant licence is a particular day.
 (3) If the Regulator makes a determination under subsection (2):
 (a) the Regulator must give the licence holder written notice of the determination; and
 (b) for the purposes of section 56, the periodic revision day for the relevant licence is the day determined by the Regulator.

Revocation of determination
 (4) A determination under this section is taken to be revoked:
 (a) at the end of the day determined for the purposes of subsection (2); or
 (b) if the Regulator gives the licence holder a direction under section 53 in relation to the relevant licence.