PART 3Duties to provide information
Security declaration
Revocation of security declarations17
1
An associate who has made a security declaration may revoke it at any time.
2
An associate who has made a security declaration must revoke it as soon as reasonably practicable if—
a
the declaration made in accordance with regulation 16(1) is no longer valid, or
b
the associate is unable to obtain, or ceases to have, evidence of a kind referred to in regulation 16(2)(a) to support the grounds for making the declaration.
3
A security declaration is revoked by giving notice to the Keeper in the specified form.
4
The revocation has effect on the day on which the notice is received by the Keeper.
5
A person commits an offence if the person, without reasonable excuse, fails to comply with paragraph (2).
6
A person who commits an offence under paragraph (5) is liable on summary conviction to a fine not exceeding level 5 on the standard scale.