590CWithdrawing or changing undertaking

590C Withdrawing or changing undertaking

590C Withdrawing or changing undertaking

(1) The person who made an undertaking may, at any time, with the written agreement of the promisee—

(a) withdraw the undertaking; or

(b) change the undertaking.

(2) However, the provisions of the undertaking may not be changed to provide for a different contravention or alleged contravention of this Law.

(3) If the promisee is not the Regulator, the promisee must give notice of the withdrawal or change of the undertaking to the Regulator.

(4) The Regulator must publish notice of the withdrawal or change on the Regulator’s website.

pt 10.1A (ss 590A–590D): Ins 2016 No 65, sec 96.