38
In forcePending show cause notices
Part 4Savings and Transitional Provisions
38 Pending show cause notices
Despite the commencement of section 5 of the 2010 Act, the Corporation may, if—
(a)
a show cause notice under section 23(1) was given to a person before that commencement; and
(b)
the period specified in the notice within which the person must show cause ends after that commencement; and
(c)
the person fails to show cause as required by the notice within the period specified in the notice—
remove the particulars of the security interest to which the notice relates from the continued register.
S. 39 inserted by No. 74/2010 s. 6.
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