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8. Regulatory action against existing authorised organisation

(1)

This regulation applies where the Director‑General —

(a)

is satisfied that an existing authorised organisation has failed to comply with —

(i)

a condition that applied to that organisation immediately before 29 September 2026 pursuant to regulation 23(2) and (3) of the old RIER; or

(ii)

a condition imposed by the Director‑General on that organisation in relation to the issue by that organisation of any certificate of processing under the old RIER; but(b)did not, before 29 September 2026, withdraw or suspend that organisation’s authorisation under regulation 23(5) of the old RIER.

(2)

The Director‑General may take regulatory action (within the meaning of section 10D of the RIEA) against that organisation in respect of the failure to comply with the condition, as if the condition was imposed under section 10C(1) of the Amendment Act on the organisation’s deemed authorisation mentioned in section 20(2) of the Amendment Act or regulation 6(1), as the case may be.

Subregulation 1

This regulation applies where the Director‑General —

(a)

is satisfied that an existing authorised organisation has failed to comply with —

(i)

a condition that applied to that organisation immediately before 29 September 2026 pursuant to regulation 23(2) and (3) of the old RIER; or

(ii)

a condition imposed by the Director‑General on that organisation in relation to the issue by that organisation of any certificate of processing under the old RIER; but(b)did not, before 29 September 2026, withdraw or suspend that organisation’s authorisation under regulation 23(5) of the old RIER.

Subregulation 2

The Director‑General may take regulatory action (within the meaning of section 10D of the RIEA) against that organisation in respect of the failure to comply with the condition, as if the condition was imposed under section 10C(1) of the Amendment Act on the organisation’s deemed authorisation mentioned in section 20(2) of the Amendment Act or regulation 6(1), as the case may be.

Schedules