sec.159JApplication for extension of interim prohibition order by regulatory body

sec.159J Application for extension of interim prohibition order by regulatory body

This section applies if a regulatory body reasonably believes either of the following grounds still exist and will continue to exist beyond the day on which the interim prohibition order will expire— the grounds on which the order was issued; the grounds on which the order was varied. The regulatory body may, before the interim prohibition order expires, apply to a responsible tribunal to extend the order. If the regulatory body applies to a responsible tribunal for an extension of the interim prohibition order, the order continues until— if the tribunal confirms the order—the day the order would have ended under section 159F ; or if the tribunal extends the order—the day the tribunal decides the order will end; or if the tribunal substitutes another interim prohibition order for the order issued by the regulatory body—the day the substituted order starts; or if the order is set aside—the day the order is set aside. s 159J ins 2022 No. 22 s 94 (sec.159J-ssec.1) This section applies if a regulatory body reasonably believes either of the following grounds still exist and will continue to exist beyond the day on which the interim prohibition order will expire— the grounds on which the order was issued; the grounds on which the order was varied. (sec.159J-ssec.2) The regulatory body may, before the interim prohibition order expires, apply to a responsible tribunal to extend the order. (sec.159J-ssec.3) If the regulatory body applies to a responsible tribunal for an extension of the interim prohibition order, the order continues until— if the tribunal confirms the order—the day the order would have ended under section 159F ; or if the tribunal extends the order—the day the tribunal decides the order will end; or if the tribunal substitutes another interim prohibition order for the order issued by the regulatory body—the day the substituted order starts; or if the order is set aside—the day the order is set aside.

• (a) the grounds on which the order was issued;
• (b) the grounds on which the order was varied.
• (a) if the tribunal confirms the order—the day the order would have ended under section 159F ; or
• (b) if the tribunal extends the order—the day the tribunal decides the order will end; or
• (c) if the tribunal substitutes another interim prohibition order for the order issued by the regulatory body—the day the substituted order starts; or
• (d) if the order is set aside—the day the order is set aside.