Document ID: chunk:federal_register_of_legislation:F2023L01723:reg:14
Version: federal_register_of_legislation:F2023L01723
Segment Type: reg
Provision Reference: reg 14
Character Range: 13968–14885

14  Simplified outline of this Part

      This Part sets out alternative compliance requirements for regulated activities.
      A statutory funding condition that applies to a person who is a party to a funding agreement provides that, if the arrangement or grant in respect of which the agreement is made is in relation to a regulated activity, the person must hold a certificate of compliance for the regulated activity (or be covered by a determination made by the Secretary).
      The Secretary may grant a certificate of compliance for one or more regulated activities to a person who requests it if the Secretary is satisfied that the person complies with the alternative compliance requirements set out in this Part for those activities.
      The Secretary must revoke or vary the certificate if the Secretary is satisfied that the person ceases to comply with those alternative compliance requirements.