87Applications for designations

87 Applications for designations

(1) An application by a person for a designation under regulation 86(2)(b) must be made in the form and manner approved by the Authority.

(2) The Authority may require the applicant to provide further information relating to the application that the Authority considers necessary.

(3) The Authority must notify the applicant in writing, not later than 42 business days after receiving an application that complies with subregulation (1) of its decision to—

(a) issue a designation; or

(b) refuse to issue a designation.

(4) The time in which the Authority must deal with the application does not include—

(a) if the Authority requires information under subregulation (2), the period from the date the Authority makes the request until the date on which the Authority receives the information; or