Document ID: chunk:federal_register_of_legislation:C2024C00828:section:566c
Version: federal_register_of_legislation:C2024C00828
Segment Type: section
Provision Reference: s 566C
Character Range: 1393293–1394581

566C  Application for approval
 (1) A person who:
 (a) proposes to begin to control a registered holder of a title; or
 (b) proposes to cease to control a registered holder of a title;
may apply to the Titles Administrator for approval of a change in control of the registered holder of the title.
Note 1:  A person who begins to control, or ceases to control, a registered holder where the change in control has not been approved may commit an offence or be liable to a civil penalty (see section 566N).
Note 2: Section 566M requires the application to be accompanied by an application fee.
 (2) An application under this section must:
 (a) be made in an approved manner; and
 (b) be in the approved form; and
 (c) be accompanied by any information or documents required by the form.
 (3) If the approved form requires the application to be accompanied by information or documents, an application under this section is taken to be accompanied by the information or documents if the information or documents are given to the Titles Administrator before the end of the 10‑day period that began on the day after the application was made.
 (4) The Titles Administrator must publish on the Titles Administrator's website a copy of the instrument of approval referred to in paragraph (2)(a).