36AVariation where unit entitlement less than proper amount

36A Variation where unit entitlement less than proper amount

(1) If at any time the DAA becomes aware that the face value of a payment right as determined under another provision of this scheme is less than the proper amount:

(a) it may, with or without an application to do so, vary the determination of the face value so that it is the proper amount; and

(b) do whatever is necessary (including amending the register) to give effect to the variation.

(2) A variation takes effect from the day on which it is made or, if another day is specified for that purpose in the notice under section 39 in relation to the variation, that other day.

(3) Subsection (1) does not affect the operation of Division 4.1 or 4.2.