sec.71Consideration of and decision on application

### sec.71 Consideration of and decision on application Subsection (2) applies if, immediately before the commencement— the chief executive and the applicant for an exemption had agreed under the repealed Act, section 45(3)(b) the period within which the application was required to be decided; but the chief executive had not decided the application. For paragraph (b) of the definition of relevant period in the national law, section 207(4), the Regulator and the applicant are taken to have agreed the same period. Subsection (4) applies if, immediately before the commencement— the chief executive had given the applicant for an exemption a notice under the repealed Act, section 45(3)(c) nominating the period within which the application was required to be decided under that section; but the chief executive had not decided the application. For paragraph (c) of the definition of relevant period in the national law, section 207(4), the Regulator is taken to have specified the same period. A notice given by the chief executive under the repealed Act, section 46 to the applicant for an exemption notifying the applicant of the chief executive’s decision on the application is taken to be a notice given by the Regulator to the applicant under the national law, section 207(1). (sec.71-ssec.1) Subsection (2) applies if, immediately before the commencement— the chief executive and the applicant for an exemption had agreed under the repealed Act, section 45(3)(b) the period within which the application was required to be decided; but the chief executive had not decided the application. (sec.71-ssec.2) For paragraph (b) of the definition of relevant period in the national law, section 207(4), the Regulator and the applicant are taken to have agreed the same period. (sec.71-ssec.3) Subsection (4) applies if, immediately before the commencement— the chief executive had given the applicant for an exemption a notice under the repealed Act, section 45(3)(c) nominating the period within which the application was required to be decided under that section; but the chief executive had not decided the application. (sec.71-ssec.4) For paragraph (c) of the definition of relevant period in the national law, section 207(4), the Regulator is taken to have specified the same period. (sec.71-ssec.5) A notice given by the chief executive under the repealed Act, section 46 to the applicant for an exemption notifying the applicant of the chief executive’s decision on the application is taken to be a notice given by the Regulator to the applicant under the national law, section 207(1). - (a) the chief executive and the applicant for an exemption had agreed under the repealed Act, section 45(3)(b) the period within which the application was required to be decided; but - (b) the chief executive had not decided the application. - (a) the chief executive had given the applicant for an exemption a notice under the repealed Act, section 45(3)(c) nominating the period within which the application was required to be decided under that section; but - (b) the chief executive had not decided the application.