Document ID: chunk:federal_register_of_legislation:C2021A00096:clause:1_566j
Version: federal_register_of_legislation:C2021A00096
Segment Type: clause
Provision Reference: sch 1 cl 566J
Character Range: 17460–18154

566J  Revocation of approval

Revocation
 (1) The Titles Administrator may revoke an approval of a change in control of a registered holder of a title in the approval period for the change in control if:
 (a) there is a change in the circumstances of a person who is approved to:
 (i) begin to control the registered holder; or
 (ii) cease to control the registered holder; and
 (b) the Titles Administrator considers it appropriate to revoke the approval.

Notice of revocation
 (2) If the Titles Administrator revokes an approval of a change in control, the Titles Administrator must give written notice of the revocation to the person given notice of the approval of the change in control.