Document ID: chunk:federal_register_of_legislation:C2024C00451:section:143
Version: federal_register_of_legislation:C2024C00451
Segment Type: section
Provision Reference: s 143
Character Range: 139192–140196

143  What Regulator may do after consideration
 (1) If:
 (a) the matter relates to whether a dealing should be a notifiable low risk dealing; and
 (b) the Regulator is satisfied as mentioned in subsection 74(2); and
 (c) the Regulator has considered the matters mentioned in subsection 74(3);
the Regulator may recommend to the Ministerial Council that the dealing be declared to be a notifiable low risk dealing.
 (2) If:
 (a) the matter relates to whether an existing notifiable low risk dealing be reconsidered; and
 (b) after having had regard to the matters mentioned in section 74, the Regulator considers that the dealing should not be a notifiable low risk dealing;
the Regulator may recommend to the Ministerial Council that the regulations be amended accordingly.
 (3) If the matter relates to whether a dealing:
 (a) should be an exempt dealing; or
 (b) should cease to be an exempt dealing;
the Regulator may recommend to the Ministerial Council that the regulations be amended accordingly.