Description
Description
The competent authority had prohibited you from conducting your business due to unreliability. However, you now wish to resume your business activities. After one year has elapsed—or earlier if there are special reasons—the authority may, upon your application, permit you to resume your business.
This is contingent upon your ability to demonstrate to the competent authority that the reasons that led to the prohibition of your business operations no longer exist. Furthermore, based on your conduct during this period, the competent authority must be able to determine that you will conduct your business properly in the future.
As a general rule, reinstatement can only occur after one year. This period is considered reasonable to demonstrate to the authorities, through a change in lifestyle, that the reasons for the lack of reliability no longer exist. For overriding reasons—such as those related to economic or structural policy—the right to operate the business may, in exceptional cases, be reinstated earlier. This applies, for example, if resuming the business creates additional jobs or enables your business’s creditors to reduce their debts by generating revenue within your business that can be used to repay those debts. The mere cessation of the circumstances that gave rise to the unreliability is not sufficient on its own to shorten the one-year period.