52F  Revocation of determination

Scope

• (1)

  This section applies if:

  • (a)

    a declaration under subsection 52B(1) is in force in relation to an asset; and

  • (b)

    the Minister is no longer satisfied that the asset is of national significance.

Duty to revoke declaration

• (2)

  The Minister must, in writing, revoke the declaration.

Revocation is not a legislative instrument

• (3)

  A revocation of the declaration is not a legislative instrument.

Application of Acts Interpretation Act 1901

• (4)

  This section does not, by implication, affect the application of subsection 33(3) of the Acts Interpretation Act 1901 to an instrument made under a provision of this Act.