Commonwealth Numbered Regulations Commonwealth Numbered RegulationsSubject to this Subdivision, the Regulator may cancel the registration of a registered biodiversity project if:
(a) the Regulator is satisfied that:
(i) if there is one project proponent for the project--the project proponent is not a fit and proper person; or
(ii) if there are multiple project proponents for the project--any of those project proponents is not a fit and proper person; and
(b) 90 days pass after the Regulator becomes so satisfied, and, at the end of that 90 - day period, the Regulator is not satisfied that each project proponent for the project is a fit and proper person.
Note: For the matters the Regulator must consider in being satisfied that a person is a fit and proper person, see sections 97, 98, 99 and 99A of the Act.