160General provisions about exemptions

160 General provisions about exemptions

160 General provisions about exemptions

(1) An exemption takes effect on—

(a) the day on which the order granting the exemption is published in the Gazette, or

(b) a later day specified in the order.

(2) An exemption may be revoked by order of the Minister published in the Gazette.

(3) If an exemption is revoked, the revocation takes effect on—

(a) the day on which the order revoking the exemption is published in the Gazette, or

(b) a later day specified in the order.

(4) The Minister must provide a copy of an order made under this Division to the Scheme Regulator.

(5) The Scheme Regulator must publish the following on its website—

(a) particulars of an exemption under this Division, and

(b) rules made under clause 158(4) about an exemption.