147Applicant must be notified

147 Applicant must be notified

147 Applicant must be notified

(1) The Minister must give the applicant written notice of a decision under section 143.

(2) If the Minister provisionally grants a retention licence:

(a) the Minister 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 Minister a written acceptance of the grant, and

(B) lodges any security required under section 399, and

(C) pays the fee that must be paid for the licence under section 425.