sec.187Decision on amendment of agreement

sec.187 Decision on amendment of agreement

The chief executive must consider any written representations made within the stated period by the other party to the commercial activity agreement under section 186 and decide whether or not— the proposed amendment should be made; or another amendment should be made. If the chief executive decides to amend the commercial activity agreement, the chief executive must give the other party an information notice for the decision. If the chief executive decides not to amend the commercial activity agreement, the chief executive must, as soon as practicable after making the decision, give the other party notice of the decision. An amendment takes effect on the later of the following days— the day the information notice is given to the other party; the day of effect stated in the information notice. (sec.187-ssec.1) The chief executive must consider any written representations made within the stated period by the other party to the commercial activity agreement under section 186 and decide whether or not— the proposed amendment should be made; or another amendment should be made. (sec.187-ssec.2) If the chief executive decides to amend the commercial activity agreement, the chief executive must give the other party an information notice for the decision. (sec.187-ssec.3) If the chief executive decides not to amend the commercial activity agreement, the chief executive must, as soon as practicable after making the decision, give the other party notice of the decision. (sec.187-ssec.4) An amendment takes effect on the later of the following days— the day the information notice is given to the other party; the day of effect stated in the information notice.

• (a) the proposed amendment should be made; or
• (b) another amendment should be made.
• (a) the day the information notice is given to the other party;
• (b) the day of effect stated in the information notice.