(1) A person ceases to be liable to register in relation to a foreign principal, on a day, if:
(a) the person has given the Secretary a notice in relation to the foreign principal under section 31 (notice of end of liability to register) specifying the day in accordance with subsection 31(3) as the day the person's registration in relation to the foreign principal is to cease; and
(b) on the day, no registrable arrangement exists between the person and the foreign principal.
Note: A person must be registered under the scheme before the person can give a notice under section 31.
(2) If a person is liable to register under the scheme in relation to a foreign principal only because of being one of the following kinds of persons, the person ceases to be liable to register in relation to the foreign principal the day he or she ceases to be that kind of person:
(a) a former Cabinet Minister;
(b) a recent designated position holder.