Document ID: chunk:federal_register_of_legislation:C2024C00840:section:44
Version: federal_register_of_legislation:C2024C00840
Segment Type: section
Provision Reference: s 44
Character Range: 62035–63343

44  Commission may grant exemptions
 (1) The Commission may, on application by:
 (a) a person:
 (i) on that person's own behalf; or
 (ii) on behalf of that person and another person or other persons; or
 (iii) on behalf of another person or other persons; or
 (b) 2 or more persons:
 (i) on their own behalf; or
 (ii) on behalf of themselves and another person or other persons; or
 (iii) on behalf of another person or other persons;
by instrument, grant to the person or persons to whom the application relates, as the case may be, an exemption from the operation of a provision of Division 2 or 3, as specified in the instrument.
 (2) The Commission may, on application by a person to, or in respect of, whom an exemption from a provision of Division 2 or 3 has been granted under subsection (1), being an application made before the expiration of the period to which the exemption was granted, grant a further exemption from the operation of that provision.
 (3) An exemption granted under this section:
 (a) may be granted subject to such terms and conditions as are specified in the instrument; and
 (b) may be expressed to apply only in such circumstances, or in relation to such activities, as are specified in the instrument; and
 (c) is to be granted for a specified period not exceeding 5 years.