Document ID: chunk:federal_register_of_legislation:F2024C00913:reg:8:p93
Version: federal_register_of_legislation:F2024C00913
Segment Type: reg
Provision Reference: reg 8 (pt 93/133)
Character Range: 294959–297699

carrying on such a business.
 (3) The approval continues in force until the earlier of:
 (a) the end of the period specified in the notice; and
 (b) if the approval is revoked under regulation 4.41V, 4.41W or 4.41X—the day the approval is revoked.
Note: If a known consignor applies for the known consignor's approval to be renewed before the end of the period mentioned in paragraph (a), the approval continues in force until a decision is made on the renewal application—see regulation 4.41T.
 (4) The period specified in the notice must be at least 12 months, but not more than 5 years, after the day on which the approval commences.

4.41Q  Action by Secretary in relation to approval
 (1) If there is a change to a known consignor's operations resulting in the known consignor no longer carrying on business in accordance with the requirements of the known consignor's security program, the Secretary may issue a notice, in writing, to the known consignor in accordance with subregulation (2).
 (2) The notice may propose one or more of the following actions:
 (a) that the known consignor agree to restrict the known consignor's activities to those that are in accordance with the known consignor's security program;
 (b) that the known consignor agree to the Secretary imposing a condition on the known consignor's approval as a known consignor relating to activities that are not in accordance with the known consignor's security program;
 (c) that the known consignor agree to comply with a different known consignor security program;
 (d) that the known consignor's approval as a known consignor be revoked.
 (3) The known consignor must:
 (a) notify the Secretary, in writing, of which, if any, of the actions proposed in the notice the known consignor will accept; and
 (b) do so within 14 days of receiving the notice.
Note: The Secretary may revoke the known consignor's approval as a known consignor if the known consignor does not accept a proposed action, or if the known consignor accepts a proposed action but does not complete the action—see regulation 4.41X.
 (4) If:
 (a) the notice proposes that the known consignor's approval as a known consignor be revoked in accordance with paragraph (2)(d); and
 (b) the known consignor accepts the proposed action;
the known consignor is taken to have requested the Secretary to revoke the known consignor's approval under regulation 4.41V.

4.41R  Application for re‑approval
 (1) A known consignor may apply, in writing, to the Secretary for re‑approval as a known consignor.
 (2) The application may only be made within the last 12 months of the period for which the known consignor's approval is in force.
 (3) The application must:
 (a) be in the form approved, in writing,