S 25 repealed by No 53 of 2004, s 3 and Sch 1 item 71, effective 1 July 2006. S 25 formerly read:
SECTION 25 PERIOD WITHIN WHICH APPLICATION FOR APPROVAL IS TO BE DECIDED
25(1)
Subject to this section, APRA must decide an application for approval within 60 days after receiving it.
History
S 25(1) amended by No 54 of 1998.
25(2)
If APRA thinks that it will take longer to decide the application, APRA may extend, by up to 60 days, the period for deciding it.
History
S 25(2) amended by No 54 of 1998.
25(3)
An extension must be made by written notice given to the applicant within 60 days after APRA receives the application.
History
S 25(3) amended by No 54 of 1998.
25(4)
If APRA makes an extension, APRA must decide the application within the extended period.
History
S 25(4) amended by No 54 of 1998.
25(5)
If APRA has not decided the application by the end of the day by which APRA is required to decide it, APRA is taken to have decided, at the end of that day, to refuse the application.
History
S 25(5) amended by No 54 of 1998.
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