128Termination of registration as a RoLR

128 Termination of registration as a RoLR

128 Termination of registration as a RoLR

(1) The registration of a RoLR (other than a default RoLR) may be terminated in either of the following ways—

(a) the registered RoLR applying to the AER pursuant to this section for its registration to be terminated;

(b) the AER giving to the registered RoLR a notice to show cause why its registration should not be terminated.

(2) If the AER gives a retailer a notice to show cause under subsection (1)(b), the notice must state that any submissions by the registered RoLR must be made to the AER within a specified period of at least 20 business days.

(3) The AER must publish on its website—

(a) a notice of any application under subsection (1)(a); and

(b) any notice to show cause under subsection (1)(b).

(4) Any such notice published on the AER website must invite submissions on the application or the notice to show cause within a specified period of at least 20 business days.

(5) The AER may, after considering any submissions made to it, terminate the RoLR’s registration.

(6) If the AER terminates the RoLR’s registration, it must publish notice of the termination on its website.