25
In forceSurrender of registration
Part 3Registration
Division 6Surrender of registration
25 Surrender of registration
(1)
A registrant may surrender the registrant’s registration by signed notice given to the commissioner.
(2)
The surrender takes effect on the day the notice of surrender is given to the commissioner or, if a later day of effect is stated in the notice, the later day.
(3)
The registrant must return the registration certificate to the commissioner within 14 days after the surrender takes effect, unless the registrant has a reasonable excuse.Maximum penalty for subsection (3)—20 penalty units.
This Act’s bill:Explanatory memorandum
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