5AMeaning of minor product

5A Meaning of minor product

For section 9 applications (1) A WELS product is a minor product for the purposes of an application by a person to register the product under section 9 if the person satisfies the Regulator that fewer than 100 units of the product are expected to be sold in Australia in a period of 12 months specified by the Regulator. For section 10 applications (2) A WELS product is a minor product for the purposes of an application by a person to register the product under section 10 if the product was a minor product under subsection (1) and either: (a) the Regulator has not given the person a notice under subsection (3) in relation to the product; or (b) the Regulator has given the person a notice under subsection (3) in relation to the product and the information provided in response to the notice satisfies the Regulator of a matter mentioned in paragraph (3)(a) or (b). Regulator may ask for information (3) If a person applies to register a product under section 10 and the product was a minor product under subsection (1), the Regulator may, by notice in writing given to the person, ask the person to provide information to satisfy the Regulator that: (a) fewer than 100 units of the product were sold in Australia in the period of 12 months specified in the notice; or (b) fewer than 100 units of the product are expected to be sold in Australia in the next period of 12 months.