sec.153DWhat chief executive must do before taking proposed action for class exemption

### sec.153D What chief executive must do before taking proposed action for class exemption This section applies if the chief executive proposes to amend, suspend or cancel a class exemption (the proposed action ). Before taking the proposed action, the chief executive must give written notice to the holder and in the gazette stating— the proposed action; and the grounds for the proposed action; and an outline of the facts and circumstances forming the basis for the grounds; and if the proposed action is to amend the exemption, including a condition of the exemption—the proposed amendment; and if the proposed action is to suspend the exemption—the proposed suspension period; and an invitation to the holder and any member of the class for the exemption to show in writing, within a stated time of at least 28 days, why the proposed action should not be taken. s 153D ins 2008 No. 67 s 87 (sec.153D-ssec.1) This section applies if the chief executive proposes to amend, suspend or cancel a class exemption (the proposed action ). (sec.153D-ssec.2) Before taking the proposed action, the chief executive must give written notice to the holder and in the gazette stating— the proposed action; and the grounds for the proposed action; and an outline of the facts and circumstances forming the basis for the grounds; and if the proposed action is to amend the exemption, including a condition of the exemption—the proposed amendment; and if the proposed action is to suspend the exemption—the proposed suspension period; and an invitation to the holder and any member of the class for the exemption to show in writing, within a stated time of at least 28 days, why the proposed action should not be taken. - (a) the proposed action; and - (b) the grounds for the proposed action; and - (c) an outline of the facts and circumstances forming the basis for the grounds; and - (d) if the proposed action is to amend the exemption, including a condition of the exemption—the proposed amendment; and - (e) if the proposed action is to suspend the exemption—the proposed suspension period; and - (f) an invitation to the holder and any member of the class for the exemption to show in writing, within a stated time of at least 28 days, why the proposed action should not be taken.