(1) Granting of exemptions The President may, by order published in the
Gazette, grant an exemption from this Act or the regulations or such parts of
this Act or the regulations as are specified in the order in respect of--
(a)
a person or class of persons, or
(b) an activity or class of activity, or
(c) any other matter or circumstance specified in the order.
(2) An exemption
is subject to such conditions, if any, as may be specified in the order.
(3)
Duration of exemptions An exemption remains in force for the period specified
in the order, which cannot be more than 10 years.
(4) Renewal of exemptions
The President may renew any exemption, for no more than 10 years at a time, by
making a new order in accordance with subsection (1).
(5) Variation and
revocation of exemptions The power to make an order conferred by this section
includes power, exercisable in the same manner and subject to the same
conditions, to vary or revoke any order so made.
(6) Applications in relation
to exemptions The President may grant, renew, vary or revoke an exemption only
on the written application of a person. The regulations may make provision for
or with respect to the making of such applications.
(7) In deciding whether
to grant or refuse an application, the President may consult with such persons
or bodies as the President considers appropriate in the circumstances.
(8)
The President must make a decision on any such application within the period
of 60 days after the application is made.