sec.403WProvision relating to offers made under ss 34K and 43C

### sec.403W Provision relating to offers made under ss 34K and 43C This section applies in relation to— an offer made by the Minister to the trustee of an operational reserve under section 34K (1) ; or an offer made by the Minister to the trustee of an operational deed of grant in trust under section 43C (1) . A notice given under section 34K (3) or 43C (3) in relation to the offer must state the following matters— the purpose of the offer; that the person given the notice may make a submission against the offer to the trustee or the chief executive; that the submission must be in writing; the closing day for making the submission; the place where, or the way in which, the submission must be made. A person given the notice may make a submission against the offer to the trustee or the chief executive. The submission must be— in writing; and received by the closing day for the submission stated in the notice; and made at the place or in the way stated in the notice. If the trustee accepts the offer, the acceptance must be— given to the chief executive; and accompanied by— a copy of each notice given under section 34K (3) or 43C (3) in relation to the offer; and any submissions made to the trustee under this section. The Minister must consider a submission against the offer made, or given, to the chief executive under this section in deciding whether to make a recommendation under section 34L or 43D . s 403W ins 2024 No. 12 s 65 (sec.403W-ssec.1) This section applies in relation to— an offer made by the Minister to the trustee of an operational reserve under section 34K (1) ; or an offer made by the Minister to the trustee of an operational deed of grant in trust under section 43C (1) . (sec.403W-ssec.2) A notice given under section 34K (3) or 43C (3) in relation to the offer must state the following matters— the purpose of the offer; that the person given the notice may make a submission against the offer to the trustee or the chief executive; that the submission must be in writing; the closing day for making the submission; the place where, or the way in which, the submission must be made. (sec.403W-ssec.3) A person given the notice may make a submission against the offer to the trustee or the chief executive. (sec.403W-ssec.4) The submission must be— in writing; and received by the closing day for the submission stated in the notice; and made at the place or in the way stated in the notice. (sec.403W-ssec.5) If the trustee accepts the offer, the acceptance must be— given to the chief executive; and accompanied by— a copy of each notice given under section 34K (3) or 43C (3) in relation to the offer; and any submissions made to the trustee under this section. (sec.403W-ssec.6) The Minister must consider a submission against the offer made, or given, to the chief executive under this section in deciding whether to make a recommendation under section 34L or 43D . - (a) an offer made by the Minister to the trustee of an operational reserve under section 34K (1) ; or - (b) an offer made by the Minister to the trustee of an operational deed of grant in trust under section 43C (1) . - (a) the purpose of the offer; - (b) that the person given the notice may make a submission against the offer to the trustee or the chief executive; - (c) that the submission must be in writing; - (d) the closing day for making the submission; - (e) the place where, or the way in which, the submission must be made. - (a) in writing; and - (b) received by the closing day for the submission stated in the notice; and - (c) made at the place or in the way stated in the notice. - (a) given to the chief executive; and - (b) accompanied by— (i) a copy of each notice given under section 34K (3) or 43C (3) in relation to the offer; and (ii) any submissions made to the trustee under this section. - (i) a copy of each notice given under section 34K (3) or 43C (3) in relation to the offer; and - (ii) any submissions made to the trustee under this section. - (i) a copy of each notice given under section 34K (3) or 43C (3) in relation to the offer; and - (ii) any submissions made to the trustee under this section.