(1) The holder of a
clearing permit may apply to the CEO to surrender the permit.
(2) An application to
surrender a clearing permit must —
(a) be
made in the form and in the manner approved by the CEO; and
(b)
contain or be accompanied by any information required as indicated in the form
or in material accompanying the form; and
(c) be
accompanied by the fee prescribed by or determined under the regulations.
(3) If the CEO
requires further information to determine the application, the CEO may, by
written notice given to the applicant, require the applicant to give the CEO
further specified information within a specified time.
(4) If the application
does not comply with subsection (2), or further information is not provided in
accordance with subsection (3), the CEO must decline to deal with the
application and advise the applicant accordingly.
(5) If, under
subsection (4), the CEO declines to deal with the application, the CEO does
not have to perform any function under subsections (6) to (10) in relation to
the application.
(6) The CEO must
publish the application.
(7) The CEO must
consider the application and must —
(a)
accept the surrender; or
(b) if
not satisfied that the conditions of the clearing permit have been complied
with, refuse to accept the surrender.
(8) The CEO must give
the holder of the clearing permit written notice of the CEO’s decision
on the application.
(9) If the CEO accepts
the surrender the clearing permit ceases to be in force when the notice under
subsection (8) is given.
(10) The CEO must
publish notice of —
(a)
acceptance of the surrender; or
(b)
refusal to accept the surrender.
[Section 51MA inserted: No. 40 of 2020 s. 54.]