Document ID: chunk:federal_register_of_legislation:C2024C00624:section:54
Version: federal_register_of_legislation:C2024C00624
Segment Type: section
Provision Reference: s 54
Character Range: 46266–47352

54  Minister's role in setting service charges and late payment penalties
 (1) Before making a determination under section 53, the Board must give the Minister written notice of the proposed determination, specifying the following:
 (a) if the determination sets a new charge or penalty—the basis for setting the charge or penalty;
 (b) if the determination varies a charge or penalty set by earlier determination—the reason for the variation;
 (c) the day on and from which the determination is intended to operate.
 (2) Within 30 days after receiving notice of the proposed determination, the Minister may give the Board a written notice approving or disapproving the proposed determination. In doing so, the Minister must have regard to the AA's duties and responsibilities under this Act.
 (3) The Board cannot make a determination under section 53 unless:
 (a) the Minister has approved the determination; or
 (b) the period within which the Minister may give to the Board a notice under subsection (2) of this section has expired without the Minister having given such a notice.