§ 46 — Notice of objection

46.—(1) Where B or B’s assignee (as the case may be) wishes to object to A’s notice of negotiation, B or B’s assignee must —(a)

serve a notice of objection on A and all the persons in section 45(2) (but not on B or B’s assignee (as the case may be) making the objection) —(i)

within the period of 2 weeks after the negotiation period for A’s notice of negotiation; and

(ii)

within the service period for that notice; and

(b)

lodge the notice of objection with the adjustment relief Registrar within the period in paragraph (a)(i).

(2) B or B’s assignee (as the case may be) may only object to A’s notice of negotiation on any one or more of the following grounds:(a)

the contract in question is not a specified contract or is a contract of national interest;

(b)

A does not satisfy the requirements in Part 3 of the Second Schedule;

(c)

the notice of negotiation was not served in accordance with section 45.

(3) The adjustment relief Registrar may refuse to accept the notice of objection for lodgment and proceed under section 65 if —(a)

the notice of objection was not served and lodged in accordance with subsection (1); or

(b)

B or B’s assignee (as the case may be) fails or refuses to provide any information or document reasonably required by the adjustment relief Registrar.[Act 37 of 2020 wef 14/01/2021]

—(1) Where B or B’s assignee (as the case may be) wishes to object to A’s notice of negotiation, B or B’s assignee must —(a)

serve a notice of objection on A and all the persons in section 45(2) (but not on B or B’s assignee (as the case may be) making the objection) —(i)

within the period of 2 weeks after the negotiation period for A’s notice of negotiation; and

(ii)

within the service period for that notice; and

(b)

lodge the notice of objection with the adjustment relief Registrar within the period in paragraph (a)(i).

(2) B or B’s assignee (as the case may be) may only object to A’s notice of negotiation on any one or more of the following grounds:(a)

the contract in question is not a specified contract or is a contract of national interest;

(b)

A does not satisfy the requirements in Part 3 of the Second Schedule;

(c)

the notice of negotiation was not served in accordance with section 45.

(3) The adjustment relief Registrar may refuse to accept the notice of objection for lodgment and proceed under section 65 if —(a)

the notice of objection was not served and lodged in accordance with subsection (1); or

(b)

B or B’s assignee (as the case may be) fails or refuses to provide any information or document reasonably required by the adjustment relief Registrar.[Act 37 of 2020 wef 14/01/2021]