Suspension or cancellation
148 Suspension or cancellation
This section applies if—
there are no accepted representations for the show cause notice; or
after considering the accepted representations for the show cause notice, the chief executive—
still believes a ground exists to suspend or cancel the approval; and
believes suspension or cancellation of the approval is warranted.
The chief executive may—
if the proposed action was to suspend the approval—suspend the approval for not longer than the proposed suspension period; or
if the proposed action was to cancel the approval—cancel the approval or suspend it for a period.
If the chief executive decides to take action under subsection (2), the chief executive must as soon as practicable give an information notice for the decision to the auditor.
The decision takes effect on the later of the following—
the day the information notice is given to the auditor;
the day stated in the information notice for that purpose.
This Act’s bill:Explanatory memorandum
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