40‑5 Termination of registration—individ40‑5 Termination of registration—individuals

40‑5 Termination of registration—individuals

(1) If you are a *registered tax agent or BAS agent and an individual, the Board may terminate your registration if: (a) an event affecting your continued registration, as described in section 20‑45, occurs; or (b) you cease to meet one of the *tax practitioner registration requirements; or (c) you breach a condition of your registration.

Note: The Board may also terminate your registration for breach of the Code of Professional Conduct: see Subdivision 30‑B.

(2) The Board must terminate your registration if: (a) you surrender your registration by notice in writing to the Board; or (b) you die. (3) Despite paragraph (2)(a), the Board need not terminate your registration if: (a) you surrender your registration by notice in writing to the Board; and (b) either: (i) the Board considers that, due to a current investigation or the outcome of an investigation, it would be inappropriate to terminate your registration; or (ii) the Board, within 30 days after receiving your surrender notice, decides to investigate you and considers that it would be inappropriate to terminate your registration.