125Decision on safety zone application

125 Decision on safety zone application

Decision to grant safety zone application (1) If the Regulator decides to grant a safety zone application: (a) the Regulator must give written notice of the decision to: (i) the applicant; and (ii) any licence holder that was required to be given notice under subsection 120(1) in relation to the application; and (b) the Regulator must give effect to the decision by making a safety zone determination, or varying or revoking a safety zone determination, in relation to the application before the end of 30 days after the Regulator makes the decision. Decision not to grant safety zone application (2) If the Regulator decides not to grant a safety zone application, the Regulator must give written notice of the decision to: (a) the applicant; and (b) any licence holder that was required to be given notice under subsection 120(1) in relation to the application.