Section 24C
Submission of memorandum for any change in existing charges and fees
ActIn forceProvision 47 of 64
Section 24C
(2)
The Minister shall consider the memorandum within six months of its submission.
(3)
Where the Minister approves the memorandum, he may subject his approval to such modifications as he deems fit to the proposals in the memorandum.
(4)
Where the Minister rejects the memorandum, the licensed company may, where there is a change in circumstances relating to the proposals in the memorandum, apply to the Minister for a review:
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Provided that such application shall be made before the expiration of thirty days from the date of notice of rejection of the memorandum.
(5)
The Minister shall consider the application within three months of its submission.