LYC 0.33% $6.07 lynas rare earths limited

The Minister has all the power under section 32 of the ATOMIC...

  1. 164 Posts.
    lightbulb Created with Sketch. 94
    The Minister has all the power under section 32 of the ATOMIC ENERGY LICENSING ACT 1984.

    PART VII

    APPEALS

    32. Appeals.

    (1) Any person who is dissatisfied with any decision of the appropriate authority made under this Act may within thirty days after being notified of such decision give notice of appeal in writing to the Minister in the prescribed manner.

    (2) The Minister shall as soon as is practicable cause to be served on the appellant a written notice specifying the date, time and place at which the appeal is to be heard:

    Provided that the date so specified shall in no case be earlier than thirty days from the date of service of such notice.

    (3) The grounds of appeal shall be submitted to the Minister not less than ten days before the date fixed for the hearing of the appeal.

    (4) At the hearing of the appeal the appellant may be present either in person or by counsel and the Minister may call for such evidence as he thinks fit.

    (5) The Minister may, after hearing the appeal, make an order confirming or setting aside the decision of the appropriate authority or make such other order as he thinks fit, and the order of the Minister shall be final and shall not be subject to any appeal or review in any court.

    (6) All parties concerned shall give effect to the decision of the Minister in the matter.

    But it remains to seen if Yeo continues to defy the wishes of the PM.

    It’s high stakes now...
 
watchlist Created with Sketch. Add LYC (ASX) to my watchlist
(20min delay)
Last
$6.07
Change
0.020(0.33%)
Mkt cap ! $5.673B
Open High Low Value Volume
$6.08 $6.09 $6.02 $35.62M 5.828M

Buyers (Bids)

No. Vol. Price($)
4 298927 $6.06
 

Sellers (Offers)

Price($) Vol. No.
$6.07 30108 3
View Market Depth
Last trade - 16.10pm 21/06/2024 (20 minute delay) ?
LYC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.