Mineral and Energy Resources (Financial Provisioning) Act 2018
sec.45CScheme manager must give notice about election
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sec.45C Scheme manager must give notice about election
The scheme manager must give the applicable holder of the authority a notice stating the applicable holder may elect for the authority to be subject to risk category allocation under division 1 within the election period. The scheme manager must give the applicable holder the notice— if section 45B (1) or (2) applies in relation to the authority—within 10 business days after the scheme manager receives notice of the administering authority’s decision in relation to the authority under the Environmental Protection Act 1994 , section 301 ; or if section 45B (3) applies in relation to the authority—within 10 business days after the scheme manager receives a notice under section 42 in relation to the changed holder event. s 45C ins 2024 No. 33 s 111 (sec.45C-ssec.1) The scheme manager must give the applicable holder of the authority a notice stating the applicable holder may elect for the authority to be subject to risk category allocation under division 1 within the election period. (sec.45C-ssec.2) The scheme manager must give the applicable holder the notice— if section 45B (1) or (2) applies in relation to the authority—within 10 business days after the scheme manager receives notice of the administering authority’s decision in relation to the authority under the Environmental Protection Act 1994 , section 301 ; or if section 45B (3) applies in relation to the authority—within 10 business days after the scheme manager receives a notice under section 42 in relation to the changed holder event.
- (a) if section 45B (1) or (2) applies in relation to the authority—within 10 business days after the scheme manager receives notice of the administering authority’s decision in relation to the authority under the Environmental Protection Act 1994 , section 301 ; or
- (b) if section 45B (3) applies in relation to the authority—within 10 business days after the scheme manager receives a notice under section 42 in relation to the changed holder event.