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CHILDREN (EDUCATION AND CARE SERVICES) NATIONAL LAW (NSW) - SECT 62
Transfer may be subject to intervention by Regulatory Authority
62 Transfer may be subject to intervention by Regulatory Authority
(1) The Regulatory Authority may intervene in a transfer of a service approval
if the Regulatory Authority is concerned as to any of the following matters-
(a) whether the receiving approved provider is capable of operating the
education and care service having regard to its financial capacity and
management capability and any other matter the Regulatory Authority considers
relevant;
(b) the receiving approved provider’s history of compliance with
this Law as applying in a participating jurisdiction, including in relation to
any other education and care service it operates;
(c) any other matter
relevant to the transfer of the service approval.
(2) The Regulatory
Authority must notify the transferring approved provider and the receiving
approved provider of the decision to intervene.
(3) Subject to subsection
(5), the notice must be given at least 28 days before the date on which the
transfer is intended to take effect.
(4) A notification under subsection (2)
must- (a) be in writing; and
(b) include the prescribed information.
(5) The
period within which notice must be given under subsection (3) does not apply
where the Regulatory Authority has not been notified of the intended transfer
of a service approval in accordance with section 59.
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