Document ID: chunk:federal_register_of_legislation:C2025A00009:clause:2_1:p5
Version: federal_register_of_legislation:C2025A00009
Segment Type: clause
Provision Reference: sch 2 cl 1 (pt 5/17)
Character Range: 63119–65890

the income year.
Note: For when the registration is in force, see section 419‑50. The registration will not be in force if:
(a) it has already expired (see section 419‑50); or
(b) it is suspended or has been revoked (see section 419‑65 or 419‑70).

Initial registration
 (2) The *Industry Secretary must register an activity for a company if:
 (a) the company applies to the Industry Secretary for the activity to be registered under this subsection; and
 (b) the application identifies:
 (i) the activity and each facility where the activity is to be carried on; and
 (ii) the basis on which the company considers it will satisfy the requirements to be entitled to a *CMPTI tax offset in relation to the activity; and
 (c) the application states that the company is the legal entity that is or will be carrying on the activity at those facilities; and
 (d) the application is in a form approved under subsection 419‑150(1); and
 (e) the Industry Secretary is satisfied that the activity is a *CMPTI processing activity; and
 (f) the Industry Secretary has no reason to believe that:
 (i) the information provided by the company is not true, correct and complete; or
 (ii) the company will not satisfy the requirements to be entitled to a CMPTI tax offset in relation to the activity; and
 (g) the company has paid the application fee (if any) prescribed by the regulations.
Note: Any revocation of the registration does not prevent the company from applying under this subsection to re‑register the activity. Any re‑registration will not re‑start the maximum 10‑year period that the activity can be registered (see subsections 419‑50(4) and (5)).

419‑40  Notice of decision about an application for registration
 (1) The *Industry Secretary must give written notice of a decision under subsection 419‑35(2) about an application (of a company) to the company and the Commissioner.

Certificates of registration
 (2) If the decision is to register an activity for the company, the notice must include a certificate of registration that includes the following:
 (a) the company's name and *ABN;
 (b) the day the certificate is issued;
 (c) a description of the activity;
 (d) a description of each facility where the activity is to be carried on;
 (e) the matters (if any) prescribed by the regulations.

419‑45  Annual report about a registered CMPTI processing activity

Content of the annual report
 (1) A company that has a *registered CMPTI processing activity for an income year must prepare a written report that is in a form approved under subsection 419‑150(1).
 (2) Without limiting subsection 419‑150(1), an instrument under that subsection may require the report to contain information about:
 (a) the outputs for the activity for the income year; and
 (b) the