Document ID: chunk:federal_register_of_legislation:C2025C00134:section:130f:p2
Version: federal_register_of_legislation:C2025C00134
Segment Type: section
Provision Reference: s 130F (pt 2/2)
Character Range: 721305–722978

the decision as so confirmed or varied is varied or set aside by the Administrative Review Tribunal;
the Regulator must, by notifiable instrument, give notice of the Tribunal's decision as soon as practicable after it is made.

Revocation
 (8) The Regulator may revoke an order under this section. The Regulator's power to revoke may be exercised:
 (a) on the Regulator's own initiative; or
 (b) on written application made by the person disqualified or suspended.

Revocation—decision on application
 (9) If an application is made for the revocation of the order, the Regulator must decide to:
 (a) revoke the order; or
 (b) refuse to revoke the order.

Revocation—grounds
 (10) The Regulator must not revoke the order unless the Regulator is satisfied that the person concerned:
 (a) is likely to carry out and perform adequately and properly the duties of an approved SMSF auditor under this Act or the regulations; and
 (b) is otherwise a fit and proper person to be an approved SMSF auditor for the purposes of this Act.

Revocation—date of effect
 (11) A revocation of the order takes effect on the day the revocation is made.

Revocation—reasons for refusing to revoke
 (12) If the Regulator decides to refuse an application for revocation of the order, the Regulator must cause to be given to the applicant a written notice setting out the decision and giving the reasons for the decision.

Publication
 (13) If the order that the Regulator revokes under subsection (8) is an order disqualifying a person from being an approved SMSF auditor, the Regulator must, by notifiable instrument, publish particulars of the revocation as soon as practicable after it occurs.