Variation of authorisation
21E Variation of authorisation
(1) The Commission may, by written notice to the holder of an authorisation under section 21A, vary a term or condition of the authorisation if it considers it appropriate.
The variation may be made on:
the Commission's own initiative; or
(b) the application by the holder of an authorisation to the Commission.
(3) An application under subsection (2)(b) must be in a form approved by the Commission.
(4) A variation may add, substitute or delete a term or condition of an authorisation.
(5) A variation of an authorisation takes effect on the later of the following:
(a) the date the notice of the variation is served on the holder of the authorisation;
the date specified in the notice.
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