Request for suspension of authorisation
298C Request for suspension of authorisation
A person who is a third party authorised officer may request the Secretary, in writing, to suspend the person’s authorisation as a third party authorised officer.
If the Secretary receives a request from a person under subsection (1), the Secretary must, by written notice to the person, suspend the person’s authorisation as a third party authorised officer as requested, with effect on the day specified in the notice.
Effect of suspension
If a person’s authorisation as a third party authorised officer is suspended for a period under subsection (2), the person is taken not to be a third party authorised officer under this Act during the period of the suspension.
If a person’s authorisation as a third party authorised officer is suspended, the Secretary may:
request the person to notify the Secretary of certain events (see section 299); or
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).
The person may be required to retain records (see section 408).
Request to revoke suspension
If a person’s authorisation as a third party authorised officer is suspended under subsection (2), the person may request the Secretary, in writing, to revoke the suspension.
If the Secretary receives a request from a person under subsection (4), the Secretary may:
if the Secretary is satisfied there is no reason why the suspension should not be revoked—revoke the suspension by written notice to the person; or
in any other case:
suspend the person’s authorisation as a third party authorised officer under subsection 296(1); or
revoke the person’s authorisation as a third party authorised officer under subsection 297(1).
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).
A decision to suspend or revoke a person’s authorisation as a third party authorised officer under subsection 296(1) or 297(1) is a reviewable decision (see Part 2 of Chapter 11).
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