Mineral and Energy Resources (Financial Provisioning) Act 2018
sec.41DChange to annual review allocation day in relation to changed holder event
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sec.41D Change to annual review allocation day in relation to changed holder event
This section applies if— a changed holder event happens or is proposed in relation to an authority; and the scheme manager is reviewing or deciding, under section 32 , the risk category allocation to which the authority is allocated. Sections 41A and 41B apply in relation to the changed holder as if a reference in the sections to the holder of an authority were a reference to the changed holder for the authority. However, a change to the annual review allocation day must not take effect before the changed holder allocation takes effect under section 37 . s 41D ins 2024 No. 33 s 109 (sec.41D-ssec.1) This section applies if— a changed holder event happens or is proposed in relation to an authority; and the scheme manager is reviewing or deciding, under section 32 , the risk category allocation to which the authority is allocated. (sec.41D-ssec.2) Sections 41A and 41B apply in relation to the changed holder as if a reference in the sections to the holder of an authority were a reference to the changed holder for the authority. (sec.41D-ssec.3) However, a change to the annual review allocation day must not take effect before the changed holder allocation takes effect under section 37 .
- (a) a changed holder event happens or is proposed in relation to an authority; and
- (b) the scheme manager is reviewing or deciding, under section 32 , the risk category allocation to which the authority is allocated.