46JSuspending an overseas payload permit

46J Suspending an overseas payload permit

(1) The Minister may, in writing, suspend an overseas payload permit if: (a) the holder of the permit contravenes a condition of the permit; or (b) if subparagraph 46B(2)(a)(i) applied—the Minister is satisfied that the insurance/financial requirements in Division 7 are not satisfied for a launch to be conducted under the permit; or (c) the Minister considers that, for reasons relevant to the security, defence or international relations of Australia, the permit should be suspended. (2) The Minister must give notice of the suspension to the holder of the permit. The notice must specify the day the suspension takes effect. (3) An overseas payload permit has no effect while suspended, but the period for which it remains in force continues to run despite the suspension. (4) The Minister may, in writing, revoke a suspension under subsection (1). (5) The Minister must give notice of the revocation to the holder of the permit. The notice must specify the day the revocation takes effect. (6) The Minister may vary or revoke an overseas payload permit even while it is suspended.