Telling Commissioner of loss of entitlement to endorsement  
50-145(1)
Before, or as soon as practicable after, an entity that is endorsed as exempt from income tax ceases to be entitled to be endorsed, the entity must give the Commissioner written notice of the cessation.

Note 1: An entity ceases to be entitled to endorsement if it ceases to be covered by item 1.1, 1.5, 1.5A or 1.5B of the table in section 50-5 or ceases to meet the special conditions identified in the item that covers it: see section 50-110 .

Note 2: This Act is a taxation law for the purposes of the Taxation Administration Act 1953 . Failure to comply with this subsection is an offence against section 8C of that Act.

Note 3: Section 50-150 modifies the way this subsection operates in relation to partnerships and unincorporated bodies.

50-145(2)
The notice:

(a) may be *lodged electronically; and

(b) must be signed for the entity, or include the entity's *electronic signature if the document is lodged electronically.
50-145(3)
Subsection (1) does not apply to an entitlement to endorsement ceasing because the entity ceases to have an *ABN.