Commonwealth Consolidated Acts Commonwealth Consolidated Acts(1) If an offshore security plan for an offshore industry participant (the existing plan ) is in force, the participant may, by written notice given to the Secretary, request the Secretary to approve another offshore security plan (the revised plan ) in its place.
(2) The notice must be accompanied by a copy of the revised plan.
(3) If a request is made in accordance with this section, sections 100K and 100L apply in relation to the revised plan.
(4) If the revised plan comes into force, it replaces the existing plan.