38Surrender of provider approval by approved provider

38 Surrender of provider approval by approved provider (1) An approved provider may surrender the provider approval by written notice to the Regulatory Authority. (2) The notice must specify a date on which the surrender is intended to take effect which must be— (a) after the notice is given; and (b) after the end of the period of notice required under subsection (3). (3) The approved provider must notify the parents of children enrolled at the education and care services operated by the approved provider of the intention to surrender the provider approval, at least 14 days before the surrender is intended to take effect. (4) If a provider approval is surrendered, the approval is cancelled on the date specified in the notice. (5) If a provider approval is surrendered, any service approval held by the provider is also taken to be surrendered. If a service approval is surrendered, it is cancelled—see section 86. A cancelled service approval cannot be transferred—see definition of ***service approval*** and also Division 3 of Part 3.