Document ID: chunk:federal_register_of_legislation:C2024C00514:section:39
Version: federal_register_of_legislation:C2024C00514
Segment Type: section
Provision Reference: s 39
Character Range: 94554–95440

39  Revocation and cessation of nomination
 (1) If:
 (a) a nomination under subsection 37(2) or 38(2) is in force in relation to a registered biodiversity project; and
 (b) one of the project proponents for the registered biodiversity project, by written notice given to the Regulator, revokes the nomination;
the nomination ceases to be in force.
 (2) If:
 (a) a nomination under subsection 37(2) or 38(2) is in force in relation to a registered biodiversity project; and
 (b) the nominee ceases to be one of the project proponents for the registered biodiversity project;
the nomination ceases to be in force.
Note: If a registered biodiversity project that has multiple project proponents ceases to have a nominee, and no new nominee is nominated, the Regulator may cancel the project's registration from 90 days after the cessation (see rules made for the purposes of section 42).