Document ID: chunk:federal_register_of_legislation:C2012C00857:clause:1_46e
Version: federal_register_of_legislation:C2012C00857
Segment Type: clause
Provision Reference: sch 1 cl 46E
Character Range: 109609–110346

46E  No partial exemption certificates to be issued to corporation for 5 years if Minister's request not complied with
 (1) This section applies if:
 (a) a corporation is given a request under subsection 46D(2) or (4) at a particular time (the request time); and
 (b) the corporation is capable of complying with the request; and
 (c) the corporation refuses or fails to comply with the request; and
 (d) the Minister notifies the Regulator, in writing, that the Minister considers that the non‑compliance is significant.
 (2) No partial exemption certificates are to be issued to the corporation in relation to the activity for:
 (a) the first year that begins after the request time; and
 (b) any of the next 4 years after that year.