52
Laws of Malaysia
Act 588
(2) The Commission may conduct an inquiry to decide whether
a determination should be made, either—
(a) in response to a written request from a person; or
(b) on its own initiative.
(3) Notwithstanding subsection (1), the Commission shall not
conduct an inquiry unless it is satisfied that the matter is of
significant interest to either the public or to current or prospective
licensees under this Act.
(4) An inquiry shall be carried out in accordance with Chapter
3 of this Part, and at a standard and in a manner consistent with
the provisions of this Act and its subsidiary legislation and any
instrument issued, made or given under this Act.
(5) Within forty-five days from the conclusion of the inquiry,
the Commission shall determine the matter.
(6) Any determination by the Commission shall be consistent
with the objects of, and any requirements provided in, this Act
which are relevant to the particular matter or activity.
(7) A determination made by the Commission under this Chapter
shall be registered as soon as practicable.
(8) A determination shall come into force on the date of
registration or such later date as the Commission may specify.
(9) A determination shall expire on such date as the Commission
may specify or, if no date is specified, the determination shall
be in force until the determination is revoked.
Modification, variation or revocation of a determination by
the Commission
56. (1) Subject to the provisions of this Act, the Commission
may modify, vary or revoke a determination, in response to a
written request or on its own initiative.
(2) The procedures set out in section 55 shall apply mutatis
mutandis in respect of any modification, variation or revocation
of the determination.