The wheat export accreditation scheme must provide that it is a condition of accreditation that, if:
(a) an event occurs or a circumstance comes into existence; and
(b) the event or the circumstance is:
(i) a ground on which WEA could cancel an accredited wheat exporter's accreditation under the wheat export accreditation scheme; or
(ii) likely to result in a conclusion that the company is not a fit and proper company within the meaning of the wheat export accreditation scheme;
the accredited wheat exporter must, within 14 days after the occurrence of the event or the coming into existence of the circumstance, give WEA a written report about the matter.