(1) The Commission must determine an application for approval by either granting or refusing the application and must notify the applicant in writing of its decision.
(2) If the Commission refuses an application, it must include reasons for the refusal in the written notification.
(3) The Commission may impose any conditions it thinks fit on an approval at the time of granting the approval or at any later time.
(4) An approval—
(a) takes effect on the day specified by the Commission in the written notification; and
(b) remains in force until revoked by the Commission under section 4.5.17 or surrendered under section 4.5.18.
S. 4.5.15A inserted by No. 64/2014 s. 17.