Document ID: chunk:federal_register_of_legislation:C2024C00638:section:248
Version: federal_register_of_legislation:C2024C00638
Segment Type: section
Provision Reference: s 248
Character Range: 234332–235098

248  Amendment of security requirements
 (1) If the licence holder:
 (a) has been provisionally granted a renewal of the licence under section 242 or 243; and
 (b) is notified of a security requirement for the licence; and
 (c) is dissatisfied with the amount of the security required;
the holder may ask the Joint Authority to make a new determination under section 399.
 (2) The request must:
 (a) be made within 30 days after the day on which the holder is given notice under section 246; and
 (b) be lodged with the Designated Authority.
 (3) If the Joint Authority is given a request under subsection (1), the Authority may make a new determination under section 399.
 (4) The Designated Authority must give the holder written notice of the new determination.