Commonwealth Consolidated Acts

TRADEX SCHEME ACT 1999 - SECT 15

  (1)   If the holder of a tradex order:

  (a)   becomes aware that the holder was ineligible to apply for the order; or

  (b)   becomes ineligible to hold the order;

the holder must, within 7 days after becoming aware as mentioned in paragraph   (a) or becoming ineligible as mentioned in paragraph   (b), give notice to the Secretary in accordance with subsection   (2).

Note:   The Secretary has power to extend the period referred to in subsection   (1) (see section   43).

  (2)   The notice must:

  (a)   be in writing; and

  (b)   be in accordance with the approved form; and

  (c)   state the tradex number allocated to the order; and

  (d)   state that the holder was ineligible to apply for the order, or has become ineligible to hold the order, as the case may be; and

  (e)   set out particulars of the circumstances that gave rise to the ineligibility; and

  (f)   contain such other information as the form requires; and

  (g)   be signed in the manner indicated in the form; and

  (h)   be lodged with the Secretary.