Document ID: chunk:federal_register_of_legislation:C2025C00134:section:131:p2
Version: federal_register_of_legislation:C2025C00134
Segment Type: section
Provision Reference: s 131 (pt 2/2)
Character Range: 725527–726512

(b) refuse to revoke the order.

Revocation—grounds
 (7) The Regulator must not revoke a disqualification order unless the Regulator is satisfied that the person concerned:
 (a) is likely to carry out and perform adequately and properly the duties of an actuary under this Act or the regulations; and
 (b) is otherwise a fit and proper person to be an actuary for the purposes of this Act.

Revocation—date of effect
 (8) A revocation of a disqualification order takes effect on the day the revocation is made.

Reasons for revocation
 (9) If the Regulator decides to refuse an application for revocation of a disqualification order, the Regulator must cause to be given to the applicant a written notice setting out the decision and giving the reasons for the decision.

Publication
 (10) If the Regulator revokes a disqualification order under subsection (5), the Regulator must, by notifiable instrument, publish particulars of the revocation as soon as practicable after it occurs.