61   Reasons to be given for grant or refusal of certain licence applications

(1)  If a licence application (other than an application for the approval of the surrender of a licence) is granted or refused, any person may make a written request to the appropriate regulatory authority for the reasons for the grant or refusal of the application and the appropriate regulatory authority is to provide a written statement of the reasons to the person.

(2)  The regulations may make provision with respect to any such statement of reasons, including:

(a)  the time within which a request for reasons must be made or within which the statement of reasons must be provided, and

(b)  the matters to be set out in a statement of reasons, and

(c)  the cases in which a statement of reasons is not required to be provided.

(3)  Without limiting subsection (2), a statement of reasons is not required to be provided to a person if the person has already been notified of the reasons under section 55.