(1) The Authority may at any time, by legislative instrument, revoke a designation under section 54.
(2) The Authority may, by legislative instrument:
(a) reduce the period of the designation; or
(b) extend the designation in accordance with subsection 4.2.1(2) of the Zoning Plan.
Note: The period must not be extended for more than 60 days (see subsection 4.2.1(2) of the Zoning Plan).