32Duration of scheme

#### 32 Duration of scheme 32 Duration of scheme > > (1) A scheme must specify the period (not exceeding 5 years) for which it is to remain in force after its commencement. > > > (1A) Subject to subsection (2), a scheme (other than an interstate scheme) remains in force until: > > > > > (a) the period specified under subsection (1) ends, or > > > > > (b) the scheme is revoked, or > > > > > (c) the scheme’s operation ceases because of the operation of another Act, or > > > > > (d) the scheme is declared void, either by an order made by the Supreme Court under section 15 or by an order made by the Supreme Court of another jurisdiction under the corresponding law of that jurisdiction, or > > > > > (e) the scheme is disallowed under section 41 of the [Interpretation Act 1987](/view/html/inforce/current/act-1987-015). > > > (1B) Subject to subsection (2), an interstate scheme remains in force in this jurisdiction until: > > > > > (a) the period specified under subsection (1) ends, or > > > > > (b) the scheme’s operation in relation to this jurisdiction is terminated under section 16C, or > > > > > (c) the scheme ceases to have effect in the jurisdiction in which it was prepared, or > > > > > (d) the scheme is disallowed under section 41 of the [Interpretation Act 1987](/view/html/inforce/current/act-1987-015). > > > (2) The Minister may, by notice published in the Gazette, extend the period for which a scheme is in force. The notice must be published on or before the day when the original period ends. > > > (3) Only one extension may be effected under subsection (2) in respect of any particular scheme, and the maximum period of such an extension is 12 months. > > **s 32:** Subst 1998 No 10, Sch 1 \[8\]. Am 2007 No 10, Sch 1 \[16\].