(1) On the grounds that an RTO does not have its main place of business, and does not conduct all or most of its operations, in the ACT, the council may cancel the RTO's registration—
(a) on application by the RTO; or
(b) on its own initiative.
(2) The council must give notice to the RTO at least 30 days before cancelling the registration.
(3) If, before the end of the period mentioned in subsection (2), the RTO makes an application to another registering body for registration as a training organisation (the transfer application ), the council must not cancel the registration of the RTO until the transfer application is decided.
(4) Subsection (3) does not apply if the council is satisfied that the RTO is not acting honestly in relation to the transfer application.