268
CurrentDuration of exemption
Part 17Crown exemptions
Division 2Ministerial exemptions for Crown and Crown authorities
268 Duration of exemption
(1)
An exemption takes effect as follows —
(a)
if the exemption does not state when it takes effect, on the day after the day on which notice of it is published in the Gazette;
(b)
on a later day specified by the Minister in the exemption.
(2)
An exemption can be issued for any period of not more than 10 years.
(3)
An exemption expires at the end of the period for which it is issued, unless it is sooner revoked.
(4)
An exemption cannot be amended to extend its duration, but that does not prevent the issue of a new exemption with the same terms or different terms.
This Act’s bill:Explanatory memorandumSecond reading speech
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