21HDecisions to be made public

21H Decisions to be made public

(1) As soon as practicable after an applicant for a capitalisation grant: (a) enters into a capitalisation agreement in respect of such a grant; or (b) is to be taken to have declined such a grant; or (c) is refused such a grant; the Authority must publish in the Gazette a statement informing the public of the grant sought and of the grant made or proposed to be made, or declined or refused, as the case requires. (2) The Authority must, on request by a member of the public made after the publication of the matters referred to in subsection (1) in respect of an application for a capitalisation grant, give to the person making the request a statement: (a) indicating the amount, if any, recommended to be granted in a recommendation under paragraph 21C(1)(a), (b) or (c); and (b) subject to subsection (3), providing a broad statement of the reasons for the recommendation. (3) In giving a statement of the reasons for a recommendation by the Authority to the Minister either to the applicant concerned or to a member of the public, the Authority must ensure that any matters that might: (a) inhibit the provision of information on a confidential basis to the Authority; or (b) adversely affect the business or commercial interests of any person; have been removed from the statement.