sec.351Amendment or cancellation of approval on application

sec.351 Amendment or cancellation of approval on application

The holder of an electronic recording system approval may apply to the Regulator for an amendment or cancellation of the approval. The application must— be in writing; and be accompanied by the prescribed fee for the application; and if the application is for an amendment of the approval, state clearly the amendment sought and outline the reasons for the application; and be accompanied by the certificate of approval for the approval. The Regulator may, by notice given to the applicant, require the applicant to give the Regulator any additional information the Regulator reasonably requires to decide the application. The Regulator must decide the application as soon as practicable after receiving it. If the Regulator decides to grant the application— the Regulator must give the applicant notice of the decision; and the amendment or cancellation takes effect— when notice of the decision is given to the applicant; or if a later time is stated in the notice, at the later time; and if the Regulator amended the approval, the Regulator must give the applicant a replacement certificate of approval for the approval as amended. If the Regulator decides not to amend or cancel the approval as sought by the applicant, the Regulator must— give the applicant an information notice for the decision; and return the certificate of approval for the approval to the applicant. In this section— certificate of approval , for an electronic recording system approval, means the certificate of approval issued by the Regulator under section 344 for the approval. (sec.351-ssec.1) The holder of an electronic recording system approval may apply to the Regulator for an amendment or cancellation of the approval. (sec.351-ssec.2) The application must— be in writing; and be accompanied by the prescribed fee for the application; and if the application is for an amendment of the approval, state clearly the amendment sought and outline the reasons for the application; and be accompanied by the certificate of approval for the approval. (sec.351-ssec.3) The Regulator may, by notice given to the applicant, require the applicant to give the Regulator any additional information the Regulator reasonably requires to decide the application. (sec.351-ssec.4) The Regulator must decide the application as soon as practicable after receiving it. (sec.351-ssec.5) If the Regulator decides to grant the application— the Regulator must give the applicant notice of the decision; and the amendment or cancellation takes effect— when notice of the decision is given to the applicant; or if a later time is stated in the notice, at the later time; and if the Regulator amended the approval, the Regulator must give the applicant a replacement certificate of approval for the approval as amended. (sec.351-ssec.6) If the Regulator decides not to amend or cancel the approval as sought by the applicant, the Regulator must— give the applicant an information notice for the decision; and return the certificate of approval for the approval to the applicant. (sec.351-ssec.7) In this section— certificate of approval , for an electronic recording system approval, means the certificate of approval issued by the Regulator under section 344 for the approval.