sec.525Current positive exemption notice for new relevant disqualified person

sec.525 Current positive exemption notice for new relevant disqualified person

This section applies if— before the commencement a person held a positive exemption notice; and immediately before the commencement the notice was current; and at the commencement the person is a new relevant disqualified person. At the commencement the amended Act applies and the commissioner must cancel the person’s positive exemption notice and substitute a negative exemption notice under section 297. Under section 304, a person must return their cancelled positive exemption notice to the commissioner. Also, if the positive exemption notice is suspended under section 298 at the commencement, any application for the cancellation of the suspension under section 299 that has not been decided or withdrawn at the commencement is taken to have been withdrawn. s 525 ins 2013 No. 14 s 4 (sec.525-ssec.1) This section applies if— before the commencement a person held a positive exemption notice; and immediately before the commencement the notice was current; and at the commencement the person is a new relevant disqualified person. (sec.525-ssec.2) At the commencement the amended Act applies and the commissioner must cancel the person’s positive exemption notice and substitute a negative exemption notice under section 297. Under section 304, a person must return their cancelled positive exemption notice to the commissioner. (sec.525-ssec.3) Also, if the positive exemption notice is suspended under section 298 at the commencement, any application for the cancellation of the suspension under section 299 that has not been decided or withdrawn at the commencement is taken to have been withdrawn.

• (a) before the commencement a person held a positive exemption notice; and
• (b) immediately before the commencement the notice was current; and
• (c) at the commencement the person is a new relevant disqualified person.