The SIEF will formally cease once all members are registered, but all registration holders have a duty to maintain their CSR and SDS and alert customers of new safety issues. And if new data emerge to suggest a previously unknown hazard, all registrants will be affected as the classification will need to reflect all supplies of the substance.
If a new supplier wants to register the substance, the existing registrants will need to share data and the easiest mechanism for this is to revert back to the SIEF agreement. For the SIEF members, this present an opportunity to recover back a share of the value of shared data – if the SIEF agreement covers this.