147
In forceEnding show cause process without further action
Chapter 5Auditors
Part 5Suspension or cancellation of approvals
147 Ending show cause process without further action
If, after considering the accepted representations for the show cause notice, the chief executive no longer believes a ground exists to suspend or cancel the approval, the chief executive—
(a)
must not take any further action about the show cause notice; and
(b)
must give the auditor a notice that no further action is to be taken about the show cause notice.
This Act’s bill:Explanatory memorandum
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