sec.470Suspension or cancellation of registration—ceasing to carry on business

### sec.470 Suspension or cancellation of registration—ceasing to carry on business This section applies if a self assessor registered under part 1 or 3 permanently ceases to carry on, in Queensland, the business for which the self assessor is registered. Also, this section applies if a self assessor registered under part 3 temporarily ceases to carry on, in Queensland, the business for which the self assessor is registered. Within 14 days after the ceasing to carry on the business, the self assessor must give notice of the ceasing to the commissioner. If the self assessor is a self assessor mentioned in subsection (2) , the notice given under subsection (3) must state the period (the temporary cessation period ) for which the self assessor will temporarily cease to carry on the business. On receiving the notice, the commissioner must give notice to the self assessor stating— for a self assessor registered under part 1 —the self assessor’s registration to carry on the business and as self assessor is cancelled effective from the day stated in the notice; or for a self assessor registered under part 3 — if the self assessor permanently ceases to carry on the business—the self assessor’s registration is cancelled effective from the day stated in the notice; or if the self assessor temporarily ceases to carry on the business—the self assessor’s registration is suspended for the period stated in the notice. For subsection (5) (b) (ii) , the period stated in the notice must not be longer than the temporary cessation period. s 470 amd 2009 No. 19 s 13 ; 2010 No. 11 s 62 (sec.470-ssec.1) This section applies if a self assessor registered under part 1 or 3 permanently ceases to carry on, in Queensland, the business for which the self assessor is registered. (sec.470-ssec.2) Also, this section applies if a self assessor registered under part 3 temporarily ceases to carry on, in Queensland, the business for which the self assessor is registered. (sec.470-ssec.3) Within 14 days after the ceasing to carry on the business, the self assessor must give notice of the ceasing to the commissioner. (sec.470-ssec.4) If the self assessor is a self assessor mentioned in subsection (2) , the notice given under subsection (3) must state the period (the temporary cessation period ) for which the self assessor will temporarily cease to carry on the business. (sec.470-ssec.5) On receiving the notice, the commissioner must give notice to the self assessor stating— for a self assessor registered under part 1 —the self assessor’s registration to carry on the business and as self assessor is cancelled effective from the day stated in the notice; or for a self assessor registered under part 3 — if the self assessor permanently ceases to carry on the business—the self assessor’s registration is cancelled effective from the day stated in the notice; or if the self assessor temporarily ceases to carry on the business—the self assessor’s registration is suspended for the period stated in the notice. (sec.470-ssec.6) For subsection (5) (b) (ii) , the period stated in the notice must not be longer than the temporary cessation period. - (a) for a self assessor registered under part 1 —the self assessor’s registration to carry on the business and as self assessor is cancelled effective from the day stated in the notice; or - (b) for a self assessor registered under part 3 — (i) if the self assessor permanently ceases to carry on the business—the self assessor’s registration is cancelled effective from the day stated in the notice; or (ii) if the self assessor temporarily ceases to carry on the business—the self assessor’s registration is suspended for the period stated in the notice. - (i) if the self assessor permanently ceases to carry on the business—the self assessor’s registration is cancelled effective from the day stated in the notice; or - (ii) if the self assessor temporarily ceases to carry on the business—the self assessor’s registration is suspended for the period stated in the notice. - (i) if the self assessor permanently ceases to carry on the business—the self assessor’s registration is cancelled effective from the day stated in the notice; or - (ii) if the self assessor temporarily ceases to carry on the business—the self assessor’s registration is suspended for the period stated in the notice.