Payment Times Reporting Act 2020
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Hide history noteThis section applies to an application to the Regulator under any of the following provisions: (a) subsection 10C(1) (application for Regulator to make a volunteering entity determination); (b) subsection 10F(1) (application for Regulator to make a subsidiary reporting entity determination); (c) subsection 10M(1) (application for Regulator to make a reporting nominee determination); (d) subsection 10Q(1) (application for Regulator to make an exempt entity determination); (e) subsection 13A(1) (extensions of time of 28 days or less); (f) subsection 13B(1) (other extensions of time).
27A(2)
The application must: (a) be given in the form and manner (if any) approved by the Regulator under subsection (3) ; and (b) include the information determined by the Regulator under subsection (4) ; and (c) state the name of the applicant; and (d) be approved in writing by a responsible member of the applicant; and (e) state the name of the responsible member of the applicant who approved the application.
Note:
There may also be fees charged for making certain applications (see section 27B ).
27A(3)
For the purposes of paragraph (2)(a) , the Regulator may, by notifiable instrument, approve a form or manner for a kind of application mentioned in subsection (1) .
27A(4)
For the purposes of paragraph (2)(b) , the Regulator may, by legislative instrument, determine information that must be included in a kind of application mentioned in subsection (1) .
Regulator may require further information
27A(5)
The Regulator may, by written notice given to the applicant, require the applicant to give the Regulator further information in connection with the application.
27A(6)
If the applicant does not comply with a notice under subsection (5) , the Regulator may, by written notice given to the applicant: (a) refuse to consider the application; or (b) refuse to take any action, or any further action, in relation to the application.
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