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FOREIGN INFLUENCE TRANSPARENCY SCHEME ACT 2018 - SECT 31

Notice of end of liability to register

  (1)   A person who is registered under the scheme in relation to a foreign principal may give the Secretary a notice under this section if the person is satisfied that:

  (a)   the person has ceased to undertake activities on behalf of the foreign principal that are registrable in relation to the foreign principal; and

  (b)   there is no registrable arrangement in existence between the person and the foreign principal.

Note 1:   If a person gives this notice, the person's registration in relation to the foreign principal ends (see section   32).

Note 2:   If a person gives this notice while a registrable arrangement is still in existence between the person and the foreign principal:

(a)   the person continues to be liable to register despite the notice (see subsection   19(1)); and

(b)   the person may commit an offence under this Act (see section   57A) and under the Criminal Code (see section   137.1 of the Code).

  (2)   The notice must be:

  (a)   in writing; and

  (b)   in an approved form (if any); and

  (c)   given in an approved manner (if any); and

  (d)   accompanied by any information or documents required by the Secretary.

  (3)   The notice must specify a day as the day the person's registration in relation to the foreign principal is to cease. The day:

  (a)   must not be earlier than the day the notice is given; and

  (b)   must not be later than the last day of the next renewal period for the registration (or, if the notice is given during a renewal period, the last day of that renewal period).



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