sec.72NDeciding application

### sec.72N Deciding application The chief executive must decide either to grant or refuse a bad debt credit application within 30 days after the later of the following days— the day the chief executive receives the application; if additional information or documents are requested under section 72M —the day the chief executive receives the information or documents. In deciding whether to grant or refuse the application, the chief executive must consider the information included in the application. The chief executive must— grant a bad debt credit application if the applicant is eligible for the credit; or refuse a bad debt credit application if the applicant is not eligible for the credit. A failure to make a decision within the period required is taken to be a decision by the chief executive to refuse the application. s 72N ins 2019 No. 2 s 6 (sec.72N-ssec.1) The chief executive must decide either to grant or refuse a bad debt credit application within 30 days after the later of the following days— the day the chief executive receives the application; if additional information or documents are requested under section 72M —the day the chief executive receives the information or documents. (sec.72N-ssec.2) In deciding whether to grant or refuse the application, the chief executive must consider the information included in the application. (sec.72N-ssec.3) The chief executive must— grant a bad debt credit application if the applicant is eligible for the credit; or refuse a bad debt credit application if the applicant is not eligible for the credit. (sec.72N-ssec.4) A failure to make a decision within the period required is taken to be a decision by the chief executive to refuse the application. - (a) the day the chief executive receives the application; - (b) if additional information or documents are requested under section 72M —the day the chief executive receives the information or documents. - (a) grant a bad debt credit application if the applicant is eligible for the credit; or - (b) refuse a bad debt credit application if the applicant is not eligible for the credit.