(1) Subject to section 298 (which applies in relation to third party authorised officers), the Secretary may, at any time, by notice in writing given to a person who is an authorised officer, suspend the person's authorisation as an authorised officer.
Note: A decision under this subsection in relation to a third party authorised officer is a reviewable decision (see Part 2 of Chapter 11).
Period of suspension
(2) A suspension must not be for more than 12 months.
(3) If the person was given a notice (a show cause notice ) under subsection 298(3) that included the request referred to in paragraph 298(3)(b), the suspension must not start before the earlier of the following:
(a) the day after any response to the request is received by the Secretary;
(b) the end of 14 days after the show cause notice was given.
(4) The Secretary may vary the period of a suspension by written notice to the person. However, the total period of the suspension must not be more than 12 months.
Note: A decision to extend the period of a suspension of a person's authorisation as a third party authorised officer is a reviewable decision (see Part 2 of Chapter 11).
Effect of suspension
(5) If a person's authorisation as an authorised officer is suspended for a period under subsection (1), the person is taken not to be an authorised officer under this Act during the period of the suspension.
Note 1: If a person's authorisation as a third party authorised officer is suspended, the Secretary may:
(a) request the person to notify the Secretary of certain events (see section 299); or
(b) require an audit to be conducted in relation to the performance of functions and the exercise of powers by the person as a third party authorised officer (see section 267).
Note 2: The person may be required to retain records (see section 408).
Revocation of suspension
(6) The Secretary may revoke a suspension of a person's authorisation as an authorised officer under subsection (1) by written notice to the person.
Note: For the purpose of deciding whether to revoke the suspension, the Secretary may request the person to notify the Secretary of certain events (see section 299).