Restoration of lost right etc under Act
53 Restoration of lost right etc under Act
Where a person is entitled to exercise a right or enjoy a privilege or benefit under this Act and, without having exercised the right or enjoyed the privilege or benefit, the person ceases to be entitled to do so, the person may exercise the right or enjoy the privilege or benefit if—
STC, being satisfied that it is just and equitable that it should do so, gives its consent to the exercise by the person of the right or the enjoyment by the person of the privilege or benefit, and
the person fulfils any conditions imposed, and complies with any requirements made, by STC in giving its consent.
Where pursuant to subsection (1) STC consents to an election, or an application to STC, being made after the time before which, but for that consent, it should have been made, STC may, if it thinks fit, deal with the election or application as if it had been made before that time.
This Act’s bill:Explanatory memorandum
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