Document ID: chunk:federal_register_of_legislation:C2024C00559:clause:1_72
Version: federal_register_of_legislation:C2024C00559
Segment Type: clause
Provision Reference: sch 1 cl 72
Character Range: 109227–110341

72  National Regulator must give a show cause notice before varying, suspending or revoking a certificate
 (1) The National Regulator must, before varying or revoking a certificate:
 (a) give the holder of the certificate notice in writing inviting the holder to show cause, within a reasonable period specified in the notice, why the variation should not be made or the certificate should not be revoked; and
 (b) consider any representations the holder makes to the National Regulator within that period.
 (2) The National Regulator must, before suspending a certificate in accordance with section 41(2A), 51(2A) or 63(2A):
 (a) give the holder of the certificate notice in writing inviting the holder to show cause, within a reasonable period specified in the notice, why the certificate should not be suspended; and
 (b) consider any representations the holder makes to the National Regulator within that period.
 (3) The National Regulator is not required to give a notice under subsection (1) or (2) before varying, suspending or revoking a certificate on application made by the holder of the certificate.