Article 140. Termination of authorization

Authorization shall be terminated in the following cases:

an authorized individual submits a formal application to terminate authorization;

liquidation of a legal entity — from the moment of liquidation or termination of its activities, reorganization of a legal entity — from the moment of reorganization, except for its restructuring;

termination of a certificate of state registration of a business entity — an individual;

death, restriction of legal authority according to the established procedure, recognition of an individual as incompetent;

if an authorized individual fails to eliminate circumstances that led to suspension of authorization within the time established by a customs authority or court;

unlawful nature of customs authorityʼs decision to issue authorization;

expiration of authorization;

performing a one-time action that a customs authority issues authorization for.

Authorization shall be considered terminated in cases specified in paragraphs three, four, five, eight and nine of part one of this Article.

Authorization shall be terminated by a customs authority in the case specified in paragraph two of part one of this Article and by court in the cases specified in paragraphs six and seven of part one of this Article.

Courtʼs decision to terminate authorization shall be communicated to an authorized individual and a customs authority within time established by the legislation.

Customs authorityʼs decision to terminate authorization shall be communicated to an authorized individual specifying the reasons for termination of authorization and specific regulations no later than three working days from the date of its adoption. When terminated, authorization shall not need to be returned to customs authorities.

Decision to terminate an authorization can be appealed in the prescribed manner.