A New Tax System (Goods and Services Tax) Regulations 2019

Chapter 2 - The basic rules  

Part 2-7 - Returns, payments and refunds  

Division 33 - Payments of GST  

SECTION 33-15.08   Revocation of approval  

The Commissioner may, in writing, revoke an entity ' s approval if the Commissioner is satisfied that:

(a) the entity has failed to meet a requirement in section 33-15.01A or 33-15.01B ; or

(b) the entity no longer meets the requirements for approval in section 33-15.03 ; or

(c) the bank guarantee (if any) provided by the entity under section 33-15.04 has lapsed; or

(d) the entity is liable to pay general interest charge on an amount; or

(e) the entity is being prosecuted for, or has been convicted of, an offence under Part III of the Taxation Administration Act 1953 .

The revocation takes effect on the day specified in the revocation.

If the Commissioner revokes an entity ' s approval, the Commissioner must give the entity written notice of the revocation.

The notice must:

(a) state the reasons for the revocation; and

(b) state that the entity has a right under section 33-15.09 to object against the decision.

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