New South Wales Consolidated Regulations New South Wales Consolidated RegulationsFor the purposes of section 71X of the Act, a notice referred to in subsection (1) (b) of that section with respect to an access licence to be transferred as a consequence of a default in the payment of a debt or performance of some other obligation under a contract or other legally enforceable arrangement secured by a security interest:
(a) must indicate:(i) that it is a notice under that section, and(ii) that the holder or co-holder of the licence is in default under the contract or arrangement, as specified in the notice, and(iii) that steps that must be taken by the holder or co-holder of the licence to rectify the default, as specified in the notice, and(iv) that, if those steps are not taken within 30 days after service of the notice, the access licence may be transferred pursuant to that section,
(b) must be served on a person in a manner in which a document may be served on a person under section 170 of the Conveyancing Act 1919 .