Document ID: chunk:federal_register_of_legislation:C2024C00544:section:17
Version: federal_register_of_legislation:C2024C00544
Segment Type: section
Provision Reference: s 17
Character Range: 23713–24333

17  Revocation of approval
 (1) The Minister may revoke an approval of a borrowing institution by notice given to the institution and published on the Department's website if the Minister is satisfied:
 (a) that there has been:
 (i) a contravention of a regulation involving the institution; or
 (ii) a contravention of any conditions on the approval; or
 (b) that the approval should be revoked, having regard to the matters described in paragraphs 15(2)(a), (b), (c), (d), (e) and (f) and any other relevant matters.
 (2) A notice under subsection (1) is not a legislative instrument.

Division 3—Review of decisions