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Cash Distribution Framework Act 2026
40Withdrawal of application
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40 Withdrawal of application
(1) A designated entity may withdraw an approval application made by the entity only if:
(a) the ACCC has not made a decision on the application; and
(b) the designated entity neither provides, nor proposes to provide, any cash distribution services or facilities access that would be covered by the standard terms to which the application relates.
(2) To avoid doubt, Subdivision C does not apply to an approval application that has been withdrawn.