288CCancellation process

288C  Cancellation process  (1) Before cancelling a registration, the regulator must give the registration holder written notice:  (a) setting out the proposal to cancel the registration and the reasons for it; and  (b) advising the registration holder that the registration holder may make a submission to the regulator in relation to the proposed cancellation within a specified period (being not less than 28 days from the date of the notice).  (a) if the registration holder has made a submission in relation to the proposed cancellation—consider that submission; and  (b) whether or not the registration holder has made a submission, decide:  (i) to cancel the registration; or  (ii) not to cancel the registration; and  (c) within 14 days after making that decision, give the registration holder written notice that:  (i) states whether or not the registration is cancelled; and  (ii) if a submission was made in relation to the proposed cancellation—sets out the regulator’s reasons for cancelling the registration; and  (iii) specifies the date on which the cancellation, if any, takes effect. Note: A decision to cancel a registration is a reviewable decision (see regulation 676).