sec.154

sec.154 Chief executive may refer corresponding decisions to competent authorities panel

This section applies if— the chief executive considers any of the following (each a corresponding decision ) should have effect in all participating jurisdictions or this jurisdiction and 1 or more other participating jurisdictions— a decision to which section 155 (1) (a) and (b) apply; an exemption to which section 156 (1) (a) and (b) apply; an approval to which section 157 (1) (a) and (b) apply; and the competent authorities panel has not considered whether the corresponding decision should have effect in all participating jurisdictions or this jurisdiction and 1 or more other participating jurisdictions. The chief executive may refer the corresponding decision to the competent authorities panel for considering whether the corresponding decision should have effect in— all participating jurisdictions; or this jurisdiction and 1 or more other participating jurisdictions. (sec.154-ssec.1) This section applies if— the chief executive considers any of the following (each a corresponding decision ) should have effect in all participating jurisdictions or this jurisdiction and 1 or more other participating jurisdictions— a decision to which section 155 (1) (a) and (b) apply; an exemption to which section 156 (1) (a) and (b) apply; an approval to which section 157 (1) (a) and (b) apply; and the competent authorities panel has not considered whether the corresponding decision should have effect in all participating jurisdictions or this jurisdiction and 1 or more other participating jurisdictions. (sec.154-ssec.2) The chief executive may refer the corresponding decision to the competent authorities panel for considering whether the corresponding decision should have effect in— all participating jurisdictions; or this jurisdiction and 1 or more other participating jurisdictions.

• (a) the chief executive considers any of the following (each a corresponding decision ) should have effect in all participating jurisdictions or this jurisdiction and 1 or more other participating jurisdictions— (i) a decision to which section 155 (1) (a) and (b) apply; (ii) an exemption to which section 156 (1) (a) and (b) apply; (iii) an approval to which section 157 (1) (a) and (b) apply; and
• (i) a decision to which section 155 (1) (a) and (b) apply;
• (ii) an exemption to which section 156 (1) (a) and (b) apply;
• (iii) an approval to which section 157 (1) (a) and (b) apply; and
• (b) the competent authorities panel has not considered whether the corresponding decision should have effect in all participating jurisdictions or this jurisdiction and 1 or more other participating jurisdictions.
• (i) a decision to which section 155 (1) (a) and (b) apply;
• (ii) an exemption to which section 156 (1) (a) and (b) apply;
• (iii) an approval to which section 157 (1) (a) and (b) apply; and
• (a) all participating jurisdictions; or
• (b) this jurisdiction and 1 or more other participating jurisdictions.