54Variations on Executive Director’s initiative

54 Variations on Executive Director’s initiative

Section 50 of the new law applies in relation to a variation by the Executive Director of a term of the assessment certificate as if: (a) paragraphs 50(1)(a), (b) and (c) do not apply; and (b) subsection 50(6) were limited to a requirement to give written notice of the decision; and (c) if the assessment certificate is issued under the new law in accordance with item 28 of Schedule 2 to the transitional Act—subsection 50(8) does not apply.

Note: Subsection 50(8) of the new law also does not apply in relation to an assessment certificate that is taken to be issued under the new law in accordance with item 26 of Schedule 2 to the transitional Act: see item 27 of that Schedule.