38Canopy contribution agreements—payment management

38 Canopy contribution agreements—payment management plans (1) If a person enters into a canopy contribution agreement with a decision-maker that is subject to a condition that the person pay a financial settlement, the person may apply, in writing, to the decision-maker to enter into an arrangement (a payment management plan) to pay the financial settlement by instalments. (2) On application under subsection (1), the decision-maker must— (a) approve the application; or (b) refuse the application. (3) The decision-maker must, within a reasonable period, give the applicant written notice of— (a) a decision under subsection (2); and (b) for a decision under subsection (2) (a)—the period of the payment management plan and the amount of each instalment; and (c) for a decision under subsection (2) (b)—the reasons for the (4) A regulation may prescribe— (a) the information that must be included in the application; and (b) matters the decision-maker must take into account when considering the application.