Commonwealth Consolidated Acts

OFFSHORE ELECTRICITY INFRASTRUCTURE ACT 2021 - SECT 92

Revocation

  (1)   The Registrar may revoke an approval of a change in control of a licence holder in the approval period for the change in control if:

  (a)   there is a change in the circumstances of a person who is approved to:

  (i)   begin to control the licence holder; or

  (ii)   cease to control the licence holder; and

  (b)   the Registrar considers it appropriate to revoke the approval.

Notice of revocation

  (2)   If the Registrar revokes an approval of a change in control, the Registrar must give written notice of the revocation to the person given notice of the approval of the change in control.