18Minister may grant permits

18 Minister may grant permits

(1) The Minister may grant to a person a permit authorising: (a) the making of a sanctioned supply; or (b) the making of a sanctioned import; or (c) engaging in a sanctioned commercial activity; or (d) the provision of a sanctioned service; or (e) the making available of an asset to a person or entity that would otherwise contravene regulation 14; or (f) a use of, or a dealing with, a controlled asset.

Note: Section 15 of the Act applies to a permit granted by the Minister under this subregulation.

(2) The Minister may grant a permit: (a) on the Minister’s initiative; or (b) on application by a person. (3) The Minister must not grant a permit unless the Minister is satisfied: (a) that it would be in the national interest to grant the permit; and (b) about any circumstance or matter required by this Part to be considered for a particular kind of permit. (4) A permit may be granted subject to conditions specified in the permit.