157QApplication to vary national interest exemption

157Q  Application to vary national interest exemption  (1) The following may apply to the Minister to vary a national interest exemption:  (a) the person to whom the exemption applies (the exempt person);  (b) if a different person applied for the exemption under subsection 157K(1)—that person, with the agreement in writing of the exempt person.  (b) specify the variation applied for. Note: For the types of variations that may be made, see subsection 157P(2). Timeframe for decision  (3) The Minister must decide whether to vary the exemption under section 157P within 20 business days of receiving the application. Note: If the Minister requests information to make an informed decision under section 157V, days between the request and receipt of the information do not count towards this timeframe (subsection 157V(2)). Notice if Minister decides not to vary exemption  (4) If the Minister decides not to vary the exemption, the Minister must give the applicant written notice of the Minister’s decision as soon as practicable after the decision is made. Note: If the Minister varies the exemption, the Minister must give the applicant a copy of the variation (see section 157R).