15Grant or refusal of provider approval

15 Grant or refusal of provider approval

15 Grant or refusal of provider approval

(1) On an application under section 10, the Regulatory Authority may—

(a) grant the provider approval; or

(b) refuse to grant the provider approval.

Note.

A provider approval is granted subject to conditions in accordance with section 19.

(2) The Regulatory Authority must not grant a provider approval unless the Authority is satisfied as to the matters in section 12.

(3) Subject to subsection (4), the Regulatory Authority must make a decision on the application within 60 days after the Regulatory Authority receives the application.

Notes

(4) The period referred to in subsection (3) may be extended by up to 30 days with the agreement of the applicant.

(5) The Regulatory Authority is taken to have refused to grant a provider approval if the Regulatory Authority has not made a decision under subsection (1)—

(a) within the relevant period required under subsection (3); or

(b) within the period extended under subsection (4)—

as the case requires.