substitute
11A Time limit for deciding variation application—Act, s 71 (7)
(1) The regulator must vary the licence, or refuse to vary the licence, within 90 days after the day an application for a variation of the licence is received by the regulator.
(2) For the period mentioned in subsection (1), the following days are not counted:
(a) a Saturday, a Sunday or a public holiday;
(b) a day on which the regulator cannot proceed with the decision-making process, or a related function, because the regulator is waiting for information that the applicant has been asked, in writing, to give.