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FOREIGN INFLUENCE TRANSPARENCY SCHEME ACT 2018 - SECT 39

Annual renewal of registration

  (1)   By the end of the renewal period each year for a person's registration in relation to a foreign principal, the person must either:

  (a)   if the person remains liable to register in relation to the foreign principal--renew the registration; or

  (b)   give the Secretary a notice under section   31 (notice of end of liability to register).

Note:   It is an offence for a registrant not to renew if still liable to register (see section   57).

  (2)   A renewal 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 renewal period for a person's registration in relation to a foreign principal is:

  (a)   the month beginning on either:

  (i)   the anniversary of the day the person applied (or most recently applied) under section   16 for registration in relation to the foreign principal; or

  (ii)   if another day is specified under paragraph   (4)(a)--that other day; or

  (b)   if an extended period is specified under paragraph   (4)(b)--that extended period.

  (4)   On request by the person made in writing, the Secretary may, in writing:

  (a)   if satisfied it is appropriate to align renewal periods for registrations of a person registered in relation to more than one foreign principal--specify a day for the registration for the purposes of subparagraph   (3)(a)(ii); or

  (b)   if satisfied that exceptional circumstances exist--specify an extended period for the registration, for a specified year, for the purposes of paragraph   (3)(b).

  (5)   An instrument made under subsection   (4) is not a legislative instrument.



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