Opportunity to be heard before notice served
30AO Opportunity to be heard before notice served
Before serving a market monitoring information notice, the AER must give the person on whom the AER intends to serve the notice a draft of the notice and an opportunity to make a submission on the draft notice.
A draft notice must state—
whether the notice is to be issued as a standard notice or an urgent notice; and
for an urgent notice—the reasons the AER believes access to the relevant information is time critical.
A submission must be made—
for a standard notice—within the longer of the following—
20 business days after the draft notice is given to the person;
the period stated in the notice; or
for an urgent notice—within the period stated in the draft notice, being at least 5 business days and not more than 10 business days after the draft notice is given to the person.
A submission made within the time periods provided for in subsection (3) must be considered by the AER before serving a market monitoring information notice on a person.
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