168Amendment of schemes and determinations

168 Amendment of schemes and determinations

168 Amendment of schemes and determinations

(1) A cost recovery scheme, including a RoLR cost recovery scheme, or a RoLR cost recovery scheme distributor payment determination may be amended by determination of the AER—

(a) on application by, or after consultation with, the registered RoLR and after consultation with the distributors who are or will be affected; or

(b) on application by a distributor who is or will be affected and after consultation with the registered RoLR and other distributors who are or will be affected.

(2) The AER may make a determination to amend the scheme or determination if the AER—

(a) is satisfied that there is—

(i) a material error in the scheme or determination; or

(ii) the scheme or determination is deficient because of false or misleading information given to the AER; and

(b) has consulted with the registered RoLR and any distributor who may be affected by the change.

s 168: Am 2025 No 61, sec 12.