99Regulator must give feedback on design notification

99 Regulator must give feedback on design notification

(1) If a licence holder gives the Regulator a design notification under section 96 or 97, the Regulator: (a) must consider the design notification; and (b) must give feedback to the licence holder on the design notification. (2) The Regulator must endeavour to give feedback on the design notification before the end of the period (the feedback period) of 60 days after the day the design notification is given, subject to subsection (3). Extension of feedback period (3) If the Regulator makes a request for further information under subsection 100(1): (a) the feedback period is extended by 30 days; and (b) any days after the day the request is given do not count for the purposes of the feedback period, until the day the request is complied with.