Amendment imposed by regulator (3)

After the date specified in a notice under subregulation (2), the regulator must —
(a) if the licence holder has made a submission in relation to the proposed amendment — consider that submission; and
(b) whether or not the licence holder has made a submission, decide —
(i) to make the proposed amendment; or
(ii) not to make any amendment; or
(iii) to make a different amendment that results from consideration of any submission made by the licence holder; and
(c) within 14 days after making that decision, give the licence holder written notice that —
(i) sets out the amendment, if any, or states that no amendment is to be made; and
(ii) if a submission was made in relation to the proposed amendment — sets out the regulator’s reasons for making the amendment; and
(iii) specifies the date (being not less than 28 days after the licence holder is given the notice) on which the amendment, if any, takes effect.

Note for this regulation:
A decision to amend a licence is a reviewable decision (see regulation 676).