(1) The chief
executive officer may impose conditions on an accreditation under
regulation 45AA(1) or 45AB(1) and may revoke or vary those conditions.
(2) The chief
executive officer may extend the accreditation of a person under
regulation 45AA(1) or 45AB(1) by notice given to the person.
(3) The chief
executive officer may revoke the accreditation of a person under
regulation 45AA(1) or 45AB(1) if the chief executive officer is satisfied
that —
(a) the
person has not complied with a condition of the accreditation; or
(b) the
accreditation is no longer appropriate.
(4) Subject to
subregulation (3), an accreditation under regulation 45AA(1) or
45AB(1) has effect for the period specified in the accreditation or, if the
accreditation is extended under subregulation (2), in the notice of
extension.
[Regulation 45AC inserted: SL 2022/137
r. 5.]