Commonwealth Consolidated Regulations Commonwealth Consolidated Regulations(1) The Minister may, by legislative instrument, revoke:
(a) a designation made under paragraph 6(a) or 6A(1)(a), (2)(a), (4)(a), (5)(a), (8)(a) or (9)(a), regulation 7 or paragraph 8(1)(a) or (b); or
(b) a declaration made under paragraph 6(b) or 6A(1)(b), (2)(b), (4)(b), (5)(b), (8)(b) or (9)(b).
(2) The Minister may revoke a designation or declaration on the Minister's initiative.
(3) The Minister may also revoke:
(a) a designation made under paragraph 6(a) or 6A(1)(a), (2)(a), (4)(a), (5)(a), (8)(a) or (9)(a); or
(b) a declaration made under paragraph 6(b) or 6A(1)(b), (2)(b), (4)(b), (5)(b), (8)(b) or (9)(b);
on application by the person or entity to which the designation or declaration relates.
Note: See regulation 11.
(4) The Minister may also revoke a designation made under regulation 7 on application by the designated person or entity that owns or controls the designated asset to which the designation relates.
Note: See regulation 11.
(5) The Minister may also revoke a designation made under paragraph 8(1)(a) or (b) on application by:
(a) the owner of the sanctioned vessel to which the designation relates; or
(b) the person who controls the sanctioned vessel to which the designation relates.
Note: See regulation 11.