30Cancellation of certification

30 Cancellation of certification

(1) The Board may, by notice in writing served on a licensee, cancel the certification under section 29 of a business entity as an eligible business entity in relation to the licensee if: (a) the business entity is engaged primarily in a business activity other than a business activity referred to in paragraph 29(6)(a); (aa) the business entity fails to comply with a condition imposed by the Board under subsection 29(5A); (b) the business entity does not carry on its principal business activities, or research and development operations, in Australia; or (c) the Board is satisfied that an officer of the business entity or licensee has furnished information, or has authorized information to be furnished, to the Board in relation to the business entity that to the knowledge of the officer is, whether by reason of the inclusion or omission of any matter or thing, misleading in a material particular. (2) Where the Board is satisfied that a business entity certified under section 29 as an eligible business entity in relation to a licensee is not a prescribed business entity, the Board, shall, by notice in writing served on the licensee, cancel the certification. (3) A certification in force under section 29 of a business entity as an eligible business entity in relation to a licensee ceases to be in force upon the revocation or expiration of the licence under this Part.