Commonwealth Consolidated Acts

TRADE PRACTICES ACT 1974 - SECT 151BG

             (1)  If:

                     (a)  an exemption order is in force in relation to a person; and

                     (b)  the Commission is satisfied that:

                              (i)  the order was made on the basis of information that was false or misleading in a material particular; or

                             (ii)  a condition to which the order is subject has been contravened; or

                            (iii)  there has been a material change of circumstances since the order was made;

the Commission may revoke the order.

             (2)  The Commission must not revoke an exemption order unless the Commission has first:

                     (a)  published a draft notice of revocation and invited people to make submissions to the Commission on the draft notice; and

                     (b)  considered any submissions that were received within the time limit specified by the Commission when it published the draft notice.

             (3)  The Commission may make a further exemption order under section 151BA in substitution for the revoked order.

             (4)  If the Commission revokes an exemption order relating to a person, the Commission must give the person a written notice stating that the order has been revoked and setting out the reasons for the revocation.

             (5)  A revocation of an exemption order takes effect:

                     (a)  at the time when notice of the revocation is given; or

                     (b)  if a later time is specified in the notice of the revocation--at that later time.