Document ID: chunk:federal_register_of_legislation:C2024C00828:section:566j
Version: federal_register_of_legislation:C2024C00828
Segment Type: section
Provision Reference: s 566J
Character Range: 1399032–1399726

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.