sec.11MApplication to change maximum revenue

### sec.11M Application to change maximum revenue A licensee may apply to the commission at any time to change the licensee’s maximum revenue. The application must be— in the approved form; and accompanied by— for a category SC1 or SC2 licensee—a declaration in the approved form; or otherwise—an MFR report. The commission may approve the application if satisfied the amount of the licensee’s net tangible assets is sufficient to support the proposed maximum revenue. s 11M ins 2019 SL No. 30 s 16 (sec.11M-ssec.1) A licensee may apply to the commission at any time to change the licensee’s maximum revenue. (sec.11M-ssec.2) The application must be— in the approved form; and accompanied by— for a category SC1 or SC2 licensee—a declaration in the approved form; or otherwise—an MFR report. (sec.11M-ssec.3) The commission may approve the application if satisfied the amount of the licensee’s net tangible assets is sufficient to support the proposed maximum revenue. - (a) in the approved form; and - (b) accompanied by— (i) for a category SC1 or SC2 licensee—a declaration in the approved form; or (ii) otherwise—an MFR report. - (i) for a category SC1 or SC2 licensee—a declaration in the approved form; or - (ii) otherwise—an MFR report. - (i) for a category SC1 or SC2 licensee—a declaration in the approved form; or - (ii) otherwise—an MFR report.