Document ID: chunk:federal_register_of_legislation:C2025C00107:body:0:p15
Version: federal_register_of_legislation:C2025C00107
Segment Type: other
Provision Reference: 
Character Range: 40822–43492

tax agent or BAS agent and a company, you must notify the Board in writing whenever:
 (a) you cease to meet one of the *tax practitioner registration requirements; or
 (b) an event affecting your continued registration, as described in section 20‑45, occurs in respect of a director of the company; or
 (ba) you have reasonable grounds to believe that:
 (i) you have breached the *Code of Professional Conduct; and
 (ii) the breach is a *significant breach of the Code; or
 (c) an individual becomes, or ceases to be, a director of the company; or
 (d) there is a change in your address for service of notices or of any other circumstances relevant to your registration.

When notice must be given
 (4) You must give the notice within 30 days of the day on which:
 (a) you become, or ought to have become, aware that the event occurred (unless paragraph (1)(ba), (2)(ba) or (3)(ba) applies); or
 (b) if paragraph (1)(ba), (2)(ba) or (3)(ba) applies—you first have, or ought to have, reasonable grounds to believe that you have breached the *Code of Professional Conduct, and that the breach is a *significant breach of the Code.
Note: A breach of this subsection is a breach of section 8C of the Taxation Administration Act 1953 and of subsection 30‑10(2) of this Act.

30‑40  Obligation to notify of significant breaches of the Code of Professional Conduct
 (1) If you are a *registered tax agent or BAS agent, you must notify the Board, in writing, if you have reasonable grounds to believe that:
 (a) another registered tax agent or BAS agent has breached the *Code of Professional Conduct; and
 (b) the breach is a *significant breach of the Code.
 (2) In addition, if at the time you have reasonable grounds to believe that other agent has breached the Code, and that the breach is a *significant breach of the Code:
 (a) the other agent is a member of a professional association accredited by the Board under the regulations; and
 (b) you are aware of that other agent's membership;
you must notify the association, in writing, of the breach.

When you must notify
 (3) You must notify under subsection (1) or (2) within 30 days of the day on which you first have, or ought to have, reasonable grounds to believe that the other agent breached the Code, and that the breach is a *significant breach of the Code.

Part 4—Termination of registration

Division 40—Termination of registration

Table of Subdivisions
40‑A Grounds for terminating registration
40‑B Notice and effect of termination

Guide to this Division

40‑1  What this Division is about
      Your registration may be terminated if an event occurs that affects your continued registration (see section