55Effect of cessation on application for registration of biodiversity project

55  Effect of cessation on application for registration of biodiversity project

  For the purposes of subsection 53(3) of the Act, if the methodology determination specified in an application made by an eligible person under section 11 of the Act ceases to have effect, the Regulator must:

 (a) notify the person, in writing, that the Regulator proposes to refuse the application under subsection 53(2) of the Act; and

 (b) give the eligible person an opportunity, within the period of 28 days after the notice is given, to withdraw or vary the application before the Regulator refuses the application.

Note: If the application is withdrawn, the Act does not prevent the applicant from making a fresh application: see subsection 14(2) of the Act.