184Liable entities to be entered in the Information Database

#### 184 Liable entities to be entered in the Information Database Making of entry (1) If the Regulator has reasonable grounds to believe that a person is, or is likely to be, a liable entity for an eligible financial year, the Regulator must make an entry for the person in the Information Database in relation to the eligible financial year. (2) If the Regulator makes the entry, the Regulator must give written notice of the entry to the person. Removal of entry (3) If: (a) there is an entry for a person in the Information Database in relation to an eligible financial year; and (b) the Regulator has reasonable grounds to believe that the person is not a liable entity for that eligible financial year; the Regulator must remove the entry from the Information Database. (4) The Regulator may exercise the power conferred by subsection (3): (a) on written application being made to the Regulator by the person; or (b) on the Regulator’s own initiative. (5) If the Regulator removes the entry, the Regulator must give written notice of the removal to the person. (6) If: (a) the Regulator decides to refuse to remove the entry; and (b) the Regulator made the decision in response to an application by the person; the Regulator must give written notice of the decision to the person.