195Effect of CAP decisions about cancelling or varying exemptions

195 Effect of CAP decisions about cancelling or varying exemptions

195 Effect of CAP decisions about cancelling or varying exemptions

(1) This section applies if—

(a) an exemption is referred to CAP under section 193(2), and

(b) CAP decides the exemption—

(i) should or should not be cancelled, or

(ii) should be varied, whether or not CAP’s decision is the same as the variation proposed by the Competent Authority, and should have effect as varied in all participating jurisdictions or participating jurisdictions including New South Wales, or

(iii) should not be varied.

(2) The Competent Authority must have regard to CAP’s decision.