Thank you.
This amendment, again, is dealing with the prescribed time frame for notification of changes.
We had lots of discussion around this, and the proposed language, which would be “within a period prescribed by the regulations” instead of “without delay”, will provide more clarity.
Not every industry will require the same time frames. Some might be more complicated than others. Through the regulations, industry would probably welcome the ability to have those conversations.
This language achieves the same things, but provides a little bit more certainty to the private sector or those who might have to comply under this legislation.