(1)  A registered entity may surrender his or her biosecurity registration in respect of a regulated dealing.

(2)  The surrender of a registered entity's biosecurity registration under subsection (1) must –

(a) be in a form approved by the Secretary; and

(b) be accompanied by the relevant prescribed fee, if any; and

(c) include or be accompanied by any information or evidence required by the Secretary to determine the consequences that may result from the surrender of the biosecurity registration.

(3)  The surrender of a registered entity's biosecurity registration under this section does not take effect until the Secretary has given the registered entity written notice that the Secretary is satisfied that all biosecurity matter and carriers will be dealt with appropriately by the registered entity.

(4)  On the surrender of a registered entity's biosecurity registration under this section taking effect, the biosecurity registration is cancelled.

(5)  Biosecurity registration surrendered under this section has no value.