1. (a) A certificate automatically shall be null and void if:

   1. (1) Construction or other preparation of the site for its intended use of the facility for which the certificate was issued has not commenced within 2 years following issuance of the certificate; or
   2. (2) The facility has not commenced operation within 4 years following issuance of the certificate.

2. (b) The Board may extend the time limits imposed under subsection (a) of this section if the certificate holder:

   1. (1) Applies to the Board for an extension; and
   2. (2) Shows good cause for allowing the extension.

Added by Acts 1980, c. 528. Amended by Acts 1993, c. 149, § 1.