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NATIONAL DISABILITY INSURANCE SCHEME ACT 2013 (NO. 20, 2013) - SECT 83 Nominee to inform Agency of matters affecting ability to act as nominee

NATIONAL DISABILITY INSURANCE SCHEME ACT 2013 (NO. 20, 2013) - SECT 83

Nominee to inform Agency of matters affecting ability to act as nominee

             (1)  The CEO may give a nominee of a participant a written notice that requires the nominee to inform the Agency if:

                     (a)  either:

                              (i)  an event or change of circumstances happens; or

                             (ii)  the nominee becomes aware that an event or change of circumstances is likely to happen; and

                     (b)  the event or change of circumstances is likely to affect:

                              (i)  the ability of the nominee to act as the plan nominee or correspondence nominee of the participant (as the case may be); or

                             (ii)  the ability of the CEO to give notices to the nominee under this Act; or

                            (iii)  the ability of the nominee to comply with notices given to the nominee by the CEO under this Act.

             (2)  A notice under subsection (1) must specify:

                     (a)  how the nominee is to inform the Agency; and

                     (b)  the period within which the nominee is to inform the Agency, which must be a period of at least 14 days beginning on whichever of the following days is applicable:

                              (i)  the day on which the event or change of circumstances happens;

                             (ii)  the day on which the nominee becomes aware that the event or change of circumstances is likely to happen.

             (3)  A notice under subsection (1) is not ineffective only because it does not comply with paragraph (2)(a).

             (4)  This section extends to:

                     (a)  acts, omissions, matters and things outside Australia, whether or not in a foreign country; and

                     (b)  all persons, irrespective of their nationality or citizenship.