Document ID: chunk:federal_register_of_legislation:C2024C00572:section:22p
Version: federal_register_of_legislation:C2024C00572
Segment Type: section
Provision Reference: s 22P
Character Range: 86652–87281

22P  Cancellation of reporting transfer certificate

Scope
 (1) This section applies if a corporation is the holder of a reporting transfer certificate in relation to a facility.

Cancellation
 (2) The Regulator must, by written notice given to the corporation, cancel the certificate if the Regulator is satisfied that:
 (a) the corporation does not pass the reporting transfer test in relation to the facility concerned; or
 (b) the corporation has become a Chapter 5 body corporate; or
 (c) if the regulations specify one or more other grounds for cancellation—at least one of those grounds is applicable to the corporation.