sec.446Regulator may require an improvement plan

### sec.446 Regulator may require an improvement plan This section applies if, because of an investigation under section 445 , the regulator— is satisfied a circumstance mentioned in section 445 (1) exists for a relevant service provider; and is not satisfied adequate measures to address the circumstance are in place. The regulator may decide to give the provider a notice (an improvement notice ), requiring the provider to make a plan (an improvement plan ) about the following— how the provider intends to address the recommendations from the investigation that need to be addressed in the improvement plan; the funding options for addressing the recommendations; the time frames for implementing the plan; the requirements for reporting on the progress of implementing the plan. However, before giving the improvement notice, the regulator must— give the provider a show cause notice for the decision; and consider any properly made submissions given in response to the show cause notice. The improvement notice must— state the following— that the regulator requires the provider to do the following— make the improvement plan and give the regulator a copy of it within a stated reasonable period; implement the plan; the recommendations from the investigation that the plan must address; the outcomes required to be achieved by implementing the plan; and include, or be accompanied by, an information notice about the decision. s 446 ins 2014 No. 16 s 85 (sec.446-ssec.1) This section applies if, because of an investigation under section 445 , the regulator— is satisfied a circumstance mentioned in section 445 (1) exists for a relevant service provider; and is not satisfied adequate measures to address the circumstance are in place. (sec.446-ssec.2) The regulator may decide to give the provider a notice (an improvement notice ), requiring the provider to make a plan (an improvement plan ) about the following— how the provider intends to address the recommendations from the investigation that need to be addressed in the improvement plan; the funding options for addressing the recommendations; the time frames for implementing the plan; the requirements for reporting on the progress of implementing the plan. (sec.446-ssec.3) However, before giving the improvement notice, the regulator must— give the provider a show cause notice for the decision; and consider any properly made submissions given in response to the show cause notice. (sec.446-ssec.4) The improvement notice must— state the following— that the regulator requires the provider to do the following— make the improvement plan and give the regulator a copy of it within a stated reasonable period; implement the plan; the recommendations from the investigation that the plan must address; the outcomes required to be achieved by implementing the plan; and include, or be accompanied by, an information notice about the decision. - (a) is satisfied a circumstance mentioned in section 445 (1) exists for a relevant service provider; and - (b) is not satisfied adequate measures to address the circumstance are in place. - (a) how the provider intends to address the recommendations from the investigation that need to be addressed in the improvement plan; - (b) the funding options for addressing the recommendations; - (c) the time frames for implementing the plan; - (d) the requirements for reporting on the progress of implementing the plan. - (a) give the provider a show cause notice for the decision; and - (b) consider any properly made submissions given in response to the show cause notice. - (a) state the following— (i) that the regulator requires the provider to do the following— (A) make the improvement plan and give the regulator a copy of it within a stated reasonable period; (B) implement the plan; (ii) the recommendations from the investigation that the plan must address; (iii) the outcomes required to be achieved by implementing the plan; and - (i) that the regulator requires the provider to do the following— (A) make the improvement plan and give the regulator a copy of it within a stated reasonable period; (B) implement the plan; - (A) make the improvement plan and give the regulator a copy of it within a stated reasonable period; - (B) implement the plan; - (ii) the recommendations from the investigation that the plan must address; - (iii) the outcomes required to be achieved by implementing the plan; and - (b) include, or be accompanied by, an information notice about the decision. - (i) that the regulator requires the provider to do the following— (A) make the improvement plan and give the regulator a copy of it within a stated reasonable period; (B) implement the plan; - (A) make the improvement plan and give the regulator a copy of it within a stated reasonable period; - (B) implement the plan; - (ii) the recommendations from the investigation that the plan must address; - (iii) the outcomes required to be achieved by implementing the plan; and - (A) make the improvement plan and give the regulator a copy of it within a stated reasonable period; - (B) implement the plan;