Commonwealth Consolidated Acts Commonwealth Consolidated Acts(1) This section applies if the objection has been lodged with the Regulator within the 60 days and the Regulator has not made an objection decision by whichever is the later of the following times:
(a) the end of the period (the original 60 - day period ) of 60 days after whichever is the later of the following days:
(i) the day on which the objection is lodged with the Regulator;
(ii) if the Regulator decides under section 57 to agree to a request in relation to the objection--the day on which the decision is made;
(b) if the Regulator, by written notice served on the liable entity within the original 60 - day period, requires the liable entity to give information relating to the objection--the end of the period of 60 days after the Regulator receives that information.
(2) The liable entity may give the Regulator a written notice requiring the Regulator to make an objection decision.
(3) If the Regulator has not made an objection decision by the end of the period of 60 days after being given the notice, then, at the end of that period, the Regulator is taken to have made a decision under subsection 58(1) to disallow the objection.