Document ID: chunk:federal_register_of_legislation:C2007A00099:clause:1_46
Version: federal_register_of_legislation:C2007A00099
Segment Type: clause
Provision Reference: sch 1 cl 46
Character Range: 34884–35345

46  Subsection 71(1)
Repeal the subsection, substitute:

 (1) The Regulator may vary a licence, by notice in writing given to the licence holder:
 (a) at any time, on the Regulator's own initiative; or
 (b) on application by the licence‑holder.

 (1A) An application for a variation must be in writing, and must contain:
 (a) such information as is prescribed by the regulations (if any); and
 (b) such information as is specified in writing by the Regulator.