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Building Act 2004
102Approved scheme—decision on application to change
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102 Approved scheme—decision on application to change
(1) If the Minister receives an application under section 101, the Minister
must approve, or refuse to approve, the change.
(2) The Minister may approve a change to a fidelity fund scheme only if
satisfied the scheme would continue to comply with the approval
criteria and the prudential standards.
(3) An approval or refusal is a notifiable instrument.