Competition and Consumer Act 2010

If:

an exemption order is in force in relation to a person; and

the Commission is satisfied that:

the order was made on the basis of information that was false or misleading in a material particular; or

a condition to which the order is subject has been contravened; or

there has been a material change of circumstances since the order was made;

The Commission must not revoke an exemption order unless the Commission has first:

published a draft notice of revocation and invited people to make submissions to the Commission on the draft notice; and

considered any submissions that were received within the time limit specified by the Commission when it published the draft notice.

The Commission may make a further exemption order under section 151BA in substitution for the revoked order.

If the Commission revokes an exemption order relating to a person, the Commission must give the person a written notice stating that the order has been revoked and setting out the reasons for the revocation.

A revocation of an exemption order takes effect:

at the time when notice of the revocation is given; or

if a later time is specified in the notice of the revocation—at that later time.