sec.30AOOpportunity to be heard before notice served

sec.30AO Opportunity to be heard before notice served

Before serving a market monitoring information notice, the AER must give the person on whom the AER intends to serve the notice a draft of the notice and an opportunity to make a submission on the draft notice. A draft notice must state— whether the notice is to be issued as a standard notice or an urgent notice; and for an urgent notice—the reasons the AER believes access to the relevant information is time critical. A submission must be made— for a standard notice—within the longer of the following: 20 business days after the draft notice is given to the person; the period stated in the notice; or for an urgent notice—within the period stated in the draft notice, being at least 5 business days and not more than 10 business days after the draft notice is given to the person. A submission made within the time periods provided for in subsection (3) must be considered by the AER before serving a market monitoring information notice on a person. s 30AO ins 2024 No. 12 (SA) s 15 (sec.30AO-ssec.1) Before serving a market monitoring information notice, the AER must give the person on whom the AER intends to serve the notice a draft of the notice and an opportunity to make a submission on the draft notice. (sec.30AO-ssec.2) A draft notice must state— whether the notice is to be issued as a standard notice or an urgent notice; and for an urgent notice—the reasons the AER believes access to the relevant information is time critical. (sec.30AO-ssec.3) A submission must be made— for a standard notice—within the longer of the following: 20 business days after the draft notice is given to the person; the period stated in the notice; or for an urgent notice—within the period stated in the draft notice, being at least 5 business days and not more than 10 business days after the draft notice is given to the person. (sec.30AO-ssec.4) A submission made within the time periods provided for in subsection (3) must be considered by the AER before serving a market monitoring information notice on a person.

• (a) whether the notice is to be issued as a standard notice or an urgent notice; and
• (b) for an urgent notice—the reasons the AER believes access to the relevant information is time critical.
• (a) for a standard notice—within the longer of the following: (i) 20 business days after the draft notice is given to the person; (ii) the period stated in the notice; or
• (i) 20 business days after the draft notice is given to the person;
• (ii) the period stated in the notice; or
• (b) for an urgent notice—within the period stated in the draft notice, being at least 5 business days and not more than 10 business days after the draft notice is given to the person.
• (i) 20 business days after the draft notice is given to the person;