sec.102YDecision about proposed amendment, suspension or cancellation

### sec.102Y Decision about proposed amendment, suspension or cancellation Within 20 business days after the end of the period for making submissions stated in the show cause notice, the Minister must decide whether or not to take the proposed action. The Minister may decide— if the proposed action was to make a stated amendment—to make the stated amendment; or if the proposed action was to suspend the appointment for a stated period—to suspend the appointment for no longer than the stated period; or if the proposed action was to cancel the appointment—to suspend the appointment for a period or cancel the appointment. However, the Minister may extend, on 1 occasion and by no more than 20 business days, the period for making a decision by giving a notice about the extension to the company before the end of the period. In deciding whether or not to take the proposed action, the Minister must consider the following— all submissions made by the company during the show cause period; if the Minister asked the chief executive to prepare a report about the submissions—the chief executive’s report; the objects of this Act and how they are to be achieved, as stated in chapter 1 , part 2 ; another matter prescribed by regulation. If the Minister decides to take the proposed action, the Minister must, within 10 business days after making the decision, give the company an information notice for the decision. The decision to take the proposed action takes effect on the later of the following days— the day the information notice is given to the company; a day stated in the information notice. If the Minister decides not to take the proposed action, the Minister must give the company a notice about the decision within 5 business days after making the decision. s 102Y ins 2017 No. 31 s 5 (sec.102Y-ssec.1) Within 20 business days after the end of the period for making submissions stated in the show cause notice, the Minister must decide whether or not to take the proposed action. (sec.102Y-ssec.2) The Minister may decide— if the proposed action was to make a stated amendment—to make the stated amendment; or if the proposed action was to suspend the appointment for a stated period—to suspend the appointment for no longer than the stated period; or if the proposed action was to cancel the appointment—to suspend the appointment for a period or cancel the appointment. (sec.102Y-ssec.3) However, the Minister may extend, on 1 occasion and by no more than 20 business days, the period for making a decision by giving a notice about the extension to the company before the end of the period. (sec.102Y-ssec.4) In deciding whether or not to take the proposed action, the Minister must consider the following— all submissions made by the company during the show cause period; if the Minister asked the chief executive to prepare a report about the submissions—the chief executive’s report; the objects of this Act and how they are to be achieved, as stated in chapter 1 , part 2 ; another matter prescribed by regulation. (sec.102Y-ssec.5) If the Minister decides to take the proposed action, the Minister must, within 10 business days after making the decision, give the company an information notice for the decision. (sec.102Y-ssec.6) The decision to take the proposed action takes effect on the later of the following days— the day the information notice is given to the company; a day stated in the information notice. (sec.102Y-ssec.7) If the Minister decides not to take the proposed action, the Minister must give the company a notice about the decision within 5 business days after making the decision. - (a) if the proposed action was to make a stated amendment—to make the stated amendment; or - (b) if the proposed action was to suspend the appointment for a stated period—to suspend the appointment for no longer than the stated period; or - (c) if the proposed action was to cancel the appointment—to suspend the appointment for a period or cancel the appointment. - (a) all submissions made by the company during the show cause period; - (b) if the Minister asked the chief executive to prepare a report about the submissions—the chief executive’s report; - (c) the objects of this Act and how they are to be achieved, as stated in chapter 1 , part 2 ; - (d) another matter prescribed by regulation. - (a) the day the information notice is given to the company; - (b) a day stated in the information notice.