Document ID: chunk:federal_register_of_legislation:C2025C00107:body:0:p16
Version: federal_register_of_legislation:C2025C00107
Segment Type: other
Provision Reference: 
Character Range: 43217–46210

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 20‑45), you cease to meet the tax practitioner registration requirements or you breach a condition of your registration. If your registration is terminated, the Board may also determine a period during which you may not apply for registration.

Subdivision 40‑A—Grounds for terminating registration

Table of sections
40‑5 Termination of registration—individuals
40‑10 Termination of registration—partnerships
40‑15 Termination of registration—companies

40‑5  Termination of registration—individuals
 (1) If you are a *registered tax agent or BAS agent and an individual, the Board may terminate your registration if:
 (a) an event affecting your continued registration, as described in section 20‑45, occurs; or
 (b) you cease to meet one of the *tax practitioner registration requirements; or
 (c) you breach a condition of your registration.
Note: The Board may also terminate your registration for breach of the Code of Professional Conduct: see Subdivision 30‑B.
 (2) The Board must terminate your registration if:
 (a) you surrender your registration by notice in writing to the Board; or
 (b) you die.
 (3) Despite paragraph (2)(a), the Board need not terminate your registration if:
 (a) you surrender your registration by notice in writing to the Board; and
 (b) either:
 (i) the Board considers that, due to a current investigation or the outcome of an investigation, it would be inappropriate to terminate your registration; or
 (ii) the Board, within 30 days after receiving your surrender notice, decides to investigate you and considers that it would be inappropriate to terminate your registration.

40‑10  Termination of registration—partnerships
 (1) If you are a *registered tax agent or BAS agent and a partnership, the Board may terminate your registration if:
 (a) you cease to meet one of the *tax practitioner registration requirements; or
 (b) you breach a condition of your registration.
Note: The Board may also terminate your registration for breach of the Code of Professional Conduct: see Subdivision 30‑B.
 (2) The Board must terminate your registration if you surrender your registration by notice in writing to the Board.
 (2A) Despite subsection (2), the Board need not terminate your registration if:
 (a) you surrender your registration by notice in writing to the Board; and
 (b) either:
 (i) the Board considers that, due to a current investigation or the outcome of an investigation, it would be inappropriate to terminate your registration; or
 (ii) the Board, within 30 days after receiving your surrender notice, decides to investigate you and considers that it would be inappropriate to terminate your registration.
 (3) If an event affecting your continued registration, as