106Simplified outline of this Part

106  Simplified outline of this Part

Under section 35 of the Act, the Regulator may, and in certain circumstances must, suspend a licence. The default period of suspension is 12 months (see section 107 of this instrument). However, the Regulator may, under subparagraph 35(5)(b)(i) of the Act, specify a shorter period.

Internal review may be sought for any decision of the Regulator in relation to a licence made under Part 3 of the Act (other than a decision made under subsection 35(3) of the Act which requires the Regulator to suspend a licence in certain circumstances). These decisions are called original decisions. An application for internal review of an original decision must contain the information in section 108 of this instrument.