34Obligations of approved participants when allocations are transferred

34 Obligations of approved participants when allocations are transferred

(1) This section applies if an allocation is transferred from one approved participant to another person. (2) The original approved participant must give to the gaining approved participant any information that is: (a) requested by the Secretary; and (b) relevant to the administration of the Scheme. (3) The information must be given within 21 days after the request is made. (4) Within 49 days after the request is made, the original approved participant must, in writing, advise the Secretary whether the original approved participant has complied with subsections (2) and (3).