(1) Before making a decision under subsection 447(1), the responsible Commonwealth Minister must:
(a) by written notice given to the registered holder, give at least 30 days notice of the responsible Commonwealth Minister's intention to make the decision; and
(b) give a copy of the notice to such other persons (if any) as the responsible Commonwealth Minister thinks fit.
(2) The notice must:
(a) set out details of the decision that is proposed to be made; and
(b) set out the reasons for the proposal; and
(c) invite a person to whom the notice, or a copy of the notice, has been given to make a written submission to the responsible Commonwealth Minister about the proposal; and
(d) specify a time limit for making that submission.
(3) In deciding whether to make the decision, the responsible Commonwealth Minister must take into account any submissions made in accordance with the notice.