49Suspending a model’s registration

#### 49 Suspending a model’s registration The GEMS Regulator may suspend a model’s registration in relation to a product class if: (aa) an amount payable under this Act in relation to the application for the registration is not paid; or (a) the GEMS Regulator suspects, on reasonable grounds, that: (i) the model does not comply with a requirement for that product class of the GEMS determination against which the model is registered; or (ii) any of the documentation or other information given to the GEMS Regulator at any time in connection with the registration was not accurate at the time it was given; or (iii) changes have been made to the model so that any test results given in connection with the model’s registration no longer accurately reflect the extent to which the model complies with the requirements of the GEMS determination against which the model was registered; or (iv) the registrant has breached a condition of the registration or of an exemption under section 37 relating to the model; or (b) the GEMS Regulator is satisfied that the registrant has failed to comply with one or more of the following in relation to the model: (i) section 55 (notifying GEMS Regulator of changes); (ii) a notice under section 56 (giving information to GEMS Regulator); (iii) a notice under section 57 (giving product of model to GEMS Regulator); (iv) a notice under section 61 (requirement for registrant—testing products or cancelling registration); or (c) the GEMS Regulator has, despite reasonable attempts, been unable to contact: (i) any contact person for the registration; and (ii) the registrant.