140
In forceRegulator may review notifiable low risk dealings
Part 9Administration
Division 7Reviews of notifiable low risk dealings and exemptions
140 Regulator may review notifiable low risk dealings
(1)
The Regulator may, at any time, in accordance with this Division, consider the following matters:
(a)
whether a dealing with a GMO should be a notifiable low risk dealing;
(b)
whether an existing notifiable low risk dealing should no longer be a notifiable low risk dealing.
(2)
The basis of the Regulator’s consideration must relate to:
(a)
the matters of which the Regulator must be satisfied under subsection 74(2); or
(b)
the matters the Regulator must consider under subsection 74(3).
This Act’s bill:Explanatory memorandumSecond reading speech
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