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s 64M

Term of scheme coordinator agreement

In force
Part 10AContainer deposit scheme
Division 10A.3Scheme coordinator agreement

64M Term of scheme coordinator agreement

(1)

The scheme coordinator agreement must not be for longer than 7 years.

(2)

The Minister may, with the agreement of the scheme coordinator, extend the agreement for a further period of not longer than 3 years.

(3)

The agreement must not be extended more than twice.

Example

The scheme coordinator agreement had an initial term of 7 years. The agreement was then extended for a further period of 3 years. The agreement may be extended for another 3 years so that the total term of the agreement is not longer than 13 years.

Division 10A.4 Network operator agreements

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