Tax Agent Services (Transitional Provisions and Consequential Amendments) Act 2009 (114 of 2009)

Schedule 2   Transitional provisions

Part 6   Legal proceedings

21   Special rule relating to the cancellation of registration

(1) If an entity was a registered tax agent or a registered nominee within the meaning of the old law, then, the entity is taken to have been previously a registered tax agent or BAS agent for the purposes of subparagraph 50-25(1)(c)(i) of the new law.

(2) If:

(a) an entity was a registered tax agent or a registered nominee within the meaning of the old law; and

(b) the registration of the entity was cancelled under section 251K or 251KE of the old law (other than because the entity permanently ceased to carry on business as a registered tax agent);

then, the cancellation of the entity’s registration under section 251K or 251KE of the old law is taken to have been a termination of registration under Part 4 of the new law for the purposes of subparagraph 50-25(1)(c)(ii) of the new law.