20‑45 Certain events may affect your con20‑45 Certain events may affect your continued registration

#### 20‑45 Certain events may affect your continued registration (1) The following events may affect your continued registration as a \*registered tax agent or BAS agent: (a) you are convicted of a \*serious taxation offence; (b) you are convicted of an offence involving fraud or dishonesty; (c) you are penalised for being a \*promoter of a \*tax exploitation scheme; (d) you are penalised for implementing a \*scheme that has been promoted on the basis of conformity with a \*public ruling, \*private ruling or \*oral ruling in a way that is materially different from that described in the ruling; (da) you are penalised for promoting on the basis of conformity with a public ruling, private ruling or oral ruling a scheme that is materially different from that described in the ruling; (e) you become an undischarged bankrupt or go into external administration; (f) you are sentenced to a term of imprisonment. (2) An event described in paragraph (1)(c), (d) or (da) does not affect your continued registration as a \*registered tax agent or BAS agent if: (a) you are a partner in a partnership; and (b) you: (i) did not aid, abet, counsel or procure the relevant act or omission; and (ii) were not in any way knowingly concerned in, or party to, the relevant act or omission (whether directly or indirectly and whether by any act or omission of the partner).