47CAmendment of regulator’s guidelines

47C Amendment of regulator’s guidelines

47C Amendment of regulator’s guidelines

(1) Before amending the regulator’s guidelines, the regulator must—

(a) publish the proposed amendment on the regulator’s website for a period of at least 20 business days, and

(b) consider any submissions received within the period.

(2) Subclause (1) does not apply to—

(a) the first publication of the regulator’s guidelines under clause 47(1)(b), or

(b) an amendment the regulator considers minor or administrative.

(3) This clause extends to an amendment of a scheme or model included in the regulator’s guidelines.

cl 47C: Ins 2022 (686), Sch 1[3].