Australia R&D Tax Incentive (Income Tax Assessment Act 1997 Division 355) IRD-27M-27N: IRD Act ss 27M and 27N Apply to vary or revoke a registration that does not reflect the activities conducted

Where a registration is wrong, an R&D entity applies in the approved form, with any fee, to vary it (the Board may vary if consistent with its findings and justified under the decision-making principles) or asks the Board to revoke it; a variation or revocation takes effect as if the registration had always been in that form, and the Board notifies the Commissioner of revocations. The Board may itself revoke a registration where the entity was not an R&D entity when an activity was conducted.