(1) If APRA grants the application, APRA must:
(a) give the applicant written notice of the grant, and of the terms and conditions (if any) to which the grant is subject; and
(b) within one month after granting the application, publish in the Gazette a notification of the grant setting out:
(i) the applicant's name; and
(ii) the date of effect of the applicant's registration; and
(iii) the terms and conditions (if any) to which the grant is subject.
(2) If APRA refuses the application, APRA must give the applicant written notice of the refusal.