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(1) A manufacturer  who ceases to manufacturer excisable goods shall, within fourteen days of the date of the cessation, notify the Commissioner-General in writing   of

(a) the date on which the manufacturer ceased to manufacturer excisable goods;

(b) the date on which the manufacturer expects that no excisable goods will remain in the warehouse of the manufacturer; and

(c) whether or not the manufacturer intends to recommence manufacturing excisable goods within twelve months from the date provided under paragraph (b).

(2) Where the Commissioner-General receives a notification, the Commissioner-General

(a) shall carry out an audit of the warehouse of the manufacturer; and

(b) shall, by notice in writing, cancel the registration of the manufacturer with effect from the first day on which excisable goods no longer remains in the warehouse of the manufacturer, unless the Commissioner-General has reasonable grounds to believes that the manufacturer will recommence manufacturing excisable goods within twelve months from that date.

(3) Where excisable goods remain in the warehouse of a manufacturer immediately after the cancellation of the registration of the manufacturer, the goods in the warehouse will be considered to have been entered for home use on the preceding day.

(4) A manufacturer who sells, as a going concern, a business of manufacturing  excisable goods for which the person is registered, shall notify the Commissioner-General, in writing, not later than fourteen days before the earliest of the dates on which

(a) the sale occurs;

(b) the purchaser acquires any legal interest in the assets to be acquired; or

(c) the assets of the going concern are transferred.

(5) Where subsection (4) applies and the seller has transferred the entire business for which the seller is registered, the Commissioner-General shall cancel the registration of the seller.