Circumstances in which the Secretary must cancel appointment of nominees
52 Circumstances in which the Secretary must cancel appointment of nominees
At the request of a participant
If:
a person is appointed as a nominee of a participant under section 50 at the request of the participant; and
the participant requests the Secretary to cancel the appointment;
the Secretary must, as soon as practicable, cancel the appointment by written instrument.
A request under paragraph (1)(b) need not be made in writing. If the request is not made in writing, the Secretary must make a written record of the request.
Nominee no longer wishes to be a nominee
If:
a person is appointed as a nominee of a participant under section 50; and
the person informs the Secretary in writing that the person no longer wishes to be a nominee under that appointment;
the Secretary must, as soon as practicable, cancel the appointment by written instrument.
Copy of instrument of cancellation to be given
If the appointment of a person as a nominee of a participant is cancelled under this section, the Secretary must give the person and participant a copy of the instrument of cancellation.
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