Document ID: chunk:federal_register_of_legislation:C2015A00121:clause:1_20
Version: federal_register_of_legislation:C2015A00121
Segment Type: clause
Provision Reference: sch 1 cl 20
Character Range: 7147–7709

20  Subsection 71(2B)
Repeal the subsection, substitute:
 (2B) If an application has been made for variation of a licence, the Regulator must not vary the licence unless the Regulator is satisfied that the risks posed by the dealings proposed to be authorised by the licence as varied are covered by:
 (a) the risk assessment and the risk management plan in respect of the original application for the licence; or
 (b) the risk assessment and the risk management plan in respect of an application for another licence, but only if that other licence was issued.