147Applicant must be notified

#### 147 Applicant must be notified (1) The Designated Authority must give the applicant written notice of the Joint Authority’s decision under section 143 or 144. (2) If the Joint Authority provisionally grants a retention licence: (a) the Designated Authority must give the licence to the provisional holder; and (b) the notice under subsection (1) must contain the following information: (i) notification of any determination under section 399 that the provisional holder must lodge a security; (ii) notification that the provisional grant will lapse unless the provisional holder, before the end of the primary payment period: (A) gives the Designated Authority a written acceptance of the grant; and (B) lodges any security required by the Joint Authority under section 399; and (C) pays the fees that must be paid for the licence under the Retention Licence Fees Act.