Mineral and Energy Resources (Financial Provisioning) Act 2018
sec.30Period for deciding initial risk category allocation and annual review allocation day
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sec.30 Period for deciding initial risk category allocation and annual review allocation day
The scheme manager must decide the initial risk category allocation and the annual review allocation day— if the holder gives the scheme manager a notice under section 28 that the holder accepts the indicative risk category allocation and the indicative review day—within 5 business days after the scheme manager receives the notice; or if the holder does not make submissions under section 28 —within 5 business days after the period in which the holder was permitted to make submissions ends; or if the holder makes submissions under section 28 —within 20 business days after the scheme manager receives the submissions; or if the scheme manager requires the holder, under section 44 , to give the scheme manager information or a document the scheme manager reasonably requires to decide the initial risk category allocation—within 20 business days after the scheme manager receives the information or document. s 30 amd 2024 No. 33 s 99
- (a) if the holder gives the scheme manager a notice under section 28 that the holder accepts the indicative risk category allocation and the indicative review day—within 5 business days after the scheme manager receives the notice; or
- (b) if the holder does not make submissions under section 28 —within 5 business days after the period in which the holder was permitted to make submissions ends; or
- (c) if the holder makes submissions under section 28 —within 20 business days after the scheme manager receives the submissions; or
- (d) if the scheme manager requires the holder, under section 44 , to give the scheme manager information or a document the scheme manager reasonably requires to decide the initial risk category allocation—within 20 business days after the scheme manager receives the information or document.