sec.122Exception for particular relevant arrangements

### sec.122 Exception for particular relevant arrangements Despite section 120 , the application may be refused if the Minister— is not satisfied of a matter under section 121 (2) (a) or (c) ; and is satisfied the applicant has entered into a relevant arrangement, but the Minister reasonably believes— the arrangement is not an arms-length commercial transaction; or supply under the arrangement is unlikely to be carried out. - (a) is not satisfied of a matter under section 121 (2) (a) or (c) ; and - (b) is satisfied the applicant has entered into a relevant arrangement, but the Minister reasonably believes— (i) the arrangement is not an arms-length commercial transaction; or (ii) supply under the arrangement is unlikely to be carried out. - (i) the arrangement is not an arms-length commercial transaction; or - (ii) supply under the arrangement is unlikely to be carried out. - (i) the arrangement is not an arms-length commercial transaction; or - (ii) supply under the arrangement is unlikely to be carried out.