Commonwealth Consolidated Acts Commonwealth Consolidated Acts(1) If:
(a) the holder of a tradex order has given a notice to the Secretary under section 15; or
(b) a notice is given to the holder of a tradex order under subsection 16(1) and the holder does not satisfy the Secretary, within the period stated in the notice, that the circumstances specified in the notice:
(i) do not exist; or
(ii) if they exist--are not disqualifying circumstances;
the Secretary must revoke the order.
Note: A decision under subsection (1) to revoke a tradex order is reviewable (see section 39).
(1A) If:
(a) the Secretary has given the holder of a tradex order a notice under subsection 16(2); and
(b) the holder does not satisfy the Secretary, within the period stated in the notice, that the holder intends to export the goods referred to in the notice;
the Secretary may revoke the tradex order.
Note: A decision under subsection (1A) to revoke a tradex order is reviewable (see section 39).
(2) The revocation of a tradex order under this section must be in writing signed by the Secretary and comes into force on a date stated in the instrument of revocation.
(3) The Secretary must cause a written notice of his or her decision to revoke the order to be given to the holder of the order.
(4) The notice of the decision must:
(a) state the day on which the revocation comes into force; and
(b) set out the Secretary's findings on material questions of fact; and
(c) refer to the evidence or other material on which those findings were based; and
(d) give the reasons for the decision.
(5) If a tradex order is revoked under this section, the Secretary must cause to be entered in the Register a statement that the order has been revoked and the date on which the revocation comes into force.
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