283Financial assurance condition—notice before claim or

283 Financial assurance condition—notice before claim or realisation (1) Before acting under section 282, the conservator must give the licensee, a written notice stating— (a) the serious or material damage caused by the use of the licensed place; and (b) details of the action taken, or to be taken, to repair the damage; and (c) the amount of the financial assurance to be claimed or realised; and (d) that the licensee may give a written submission to the conservator showing cause why the financial assurance should not be claimed or realised as proposed; and (e) that a submission may be given to the conservator only during the 20 working days (the show cause period) after the day the notice is given to the licensee. (2) The conservator must, within 20 working days after the end of the show cause period— (a) consider any submission received under subsection (1) (e); and (b) decide whether to make a claim on or realise the financial assurance; and

(c) tell the licensee about the decision.