Regulation 7 Ceasing to act as a fiscal representative

Changes not yet applied. Later legislation changes this provision in ways not yet written into the text below:

reg. 7(2)(da) inserted by Tribunals, Courts and Enforcement Act 2007 (Consequential Amendments) 2012 Sch. 3 para. 7(b)
reg. 7(2)(d) words inserted by Enterprise Act 2002 (Disqualification from Office: General) 2006 Sch. 2 para. 10
reg. 7(2)(d) word omitted by Tribunals, Courts and Enforcement Act 2007 (Consequential Amendments) 2012 Sch. 3 para. 7(a)

(1)

Where a person ceases to act as a fiscal representative for an operator he shall, within seven days, give written notice of that fact to the Commissioners.

(2)

A person shall be treated as having ceased to act as a fiscal representative if–

(a)

he gives notice in accordance with paragraph (1) above;

(b)

his principal gives the Commissioners notice that his appointment is terminated;

(c)

he is imprisoned in pursuance of the order of any court whether in the United Kingdom or elsewhere;

(d)

he becomes bankrupt or insolvent whether in the United Kingdom or elsewhere; or

(e)

he ceases to meet the requirements of section 34(3) of the Act.