Document ID: chunk:federal_register_of_legislation:C2013A00023:clause:1_29c
Version: federal_register_of_legislation:C2013A00023
Segment Type: clause
Provision Reference: sch 1 cl 29C
Character Range: 5824–6838

29C  Automatic revocation of approval if winding up order made
 (1) The Minister must revoke a body's approval as a *VET provider if:
 (a) an order is made by a court, or by the Australian Securities and Investments Commission under Part 5.4C of the Corporations Act 2001, for the winding up of the body; and
 (b) the order has not been set aside or quashed, and is no longer *subject to review.
 (2) The Minister must notify the body in writing of the revocation. The notice must specify that the revocation takes effect on the day that the notice is registered in the *Federal Register of Legislative Instruments.
 (3) A notice of revocation under subclause (2) is a legislative instrument, but section 42 (disallowance) of the Legislative Instruments Act 2003 does not apply to the notice.
 (4) A decision of the Minister to revoke a body's approval as a *VET provider takes effect on the day that the notice of revocation under subclause (2) is registered in the *Federal Register of Legislative Instruments.