Revocation of security declarations
17.—(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(a)the declaration made in accordance with regulation 16(1) is no longer valid, or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.