For the purposes of this Act, the approval period , for a change in control of a licence holder, means the period:
(a) starting on the day the notice of approval for the change in control is given; and
(b) ending at the earliest of the following:
(i) immediately after the change in control takes effect;
(ii) if the approval of a change in control is revoked--when the notice of revocation is given;
(iii) 9 months after the day the notice of approval is given.