14Corporation may apply for deregistration

14 Corporation may apply for deregistration

(1) A registered corporation may apply to the Secretary to be deregistered.

Note: Section 70 of the Crimes Act 1914 creates an offence where Commonwealth officers (including persons performing services for or on behalf of the Commonwealth) disclose information in breach of a duty of confidentiality.

(2) The application must: (a) contain information required by the regulations; and (b) be in the form (if any) specified in the regulations. (2A) Regulations made for the purposes of paragraph (2)(a) may only require information that is reasonably necessary for assessing applications made under this section. (3) The Secretary must remove the name of the corporation from the Register if the Secretary is satisfied that the registered corporation’s group is not likely to meet the energy use threshold in section 10 for: (a) the financial year in which the application is made; and (b) the next 2 financial years. (4) The corporation ceases to be registered under this Part when the Secretary has removed its name from the Register.