(1) Subject to section 298 (which applies in relation to third party authorised officers), the Secretary may, at any time, by notice in writing given to a person who is an authorised officer, do any of the following in relation to the person's authorisation as an authorised officer:
(a) vary the functions that the person may perform, or the powers that the person may exercise, as an authorised officer under this Act;
(b) vary any conditions to which the person's authorisation is subject under paragraph 292(1)(b) (including by imposing new conditions);
(c) if the person's instrument of authorisation specifies a period during which it has effect--vary the period during which the authorisation has effect;
(d) if the person's instrument of authorisation does not specify a period during which it has effect--vary the authorisation to specify a period during which the authorisation is to have effect;
(e) vary any other aspect of the person's authorisation.
Note: A decision under this subsection in relation to a third party authorised officer is a reviewable decision (see Part 2 of Chapter 11).
(2) If the person was given a notice (a show cause notice ) under subsection 298(3) that included the request referred to in paragraph 298(3)(b), the variation must not take effect before the earlier of the following:
(a) the day after any response to the request is received by the Secretary;
(b) the end of 14 days after the show cause notice was given.
(3) If the Secretary makes a variation in relation to a person's authorisation as an authorised officer under subsection (1), the Secretary must:
(a) vary the person's instrument of authorisation to include the variation; and
(b) give the person the varied instrument of authorisation.