(1) Within 10 business days of making a decision under subsection 154(2) in relation to a TUMRA, the Authority:
(a) must give written notice of the decision to the TUMRA holder; and
(b) if the decision is to refuse the application in relation to the TUMRA--must give written reasons to the TUMRA holder; and
(c) if the Authority approves a modification or modifies a condition--may give the holder:
(i) a copy of the modified TUMRA as approved; and
(ii) a new certificate of accreditation that incorporates the effect of the decision.
(2) The notice under paragraph (1)(a) to approve a modification or modify a condition must specify the day from which the approval takes effect.