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TRADEX SCHEME ACT 1999 - SECT 16
Notice to show cause why tradex order should not be revoked
If it appears to the Secretary that any circumstances (other than
circumstances specified in a notice given to the Secretary under section 15)
that may be disqualifying circumstances exist in relation to the holder of a
tradex order, the Secretary must cause to be given to the holder a written
notice:
- (a)
- setting out particulars of the circumstances; and
- (b)
- inviting the holder to give to the Secretary, within 28 days after the day
on which the notice is received by the holder, written evidence:
- (i)
- that the circumstances do not exist; or
- (ii)
- if the circumstances exist—that they are not
disqualifying circumstances.
- Note: The Secretary has power to extend the period referred to in paragraph
16(b) (see section 43).
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