(1) Before making a reviewable decision under section 75C, 75E or 75G in relation to one or more persons, the AUSTRAC CEO must give a written notice to each of the persons containing:
(a) the terms of the proposed decision; and
(b) if the proposed decision is to cancel a registration--the date on which the cancellation is proposed to take effect; and
(c) the reasons for the proposed decision; and
(d) a statement that the person may, within 28 days of the giving of the notice, make a submission under this section in relation to the proposed decision.
Note: An example of a reviewable decision relating to 2 persons is a decision refusing to register a person as a remittance affiliate of a registered remittance network provider, if the provider applied under subsection 75B(2) for that person to be so registered.
(2) The AUSTRAC CEO is not required to give a notice under this section if the AUSTRAC CEO is satisfied that it is inappropriate to do so because of the urgency of the circumstances.