24Application for reinstatement of approval

24 Application for reinstatement of approval

(1) For the purposes of section 15AAI of the Act, an application for reinstatement of an approval of a partnership or company must—

(a) be made to the Board within 2 months after the approval ceased; and

(b) be in writing.

(2) Subject to subregulation (3), the prescribed fee for reinstatement of an approval of a partnership or company is 18 fee units.

(3) A fee referred to in subregulation (2) must be paid in addition to the prescribed approval renewal fee under regulation 22(2) or (3) (as the case requires).