Section 7: Cancellation or variation of registration certificate
consolidated text (as amended). juris shows the text as it was consolidated; it does not confirm that this is the law in force today.
7. Cancellation or variation of registration certificate
(1) Subject to this section, the Registrar may cancel a registration
certificate or vary its terms and conditions where—
(a) any information given to him by the applicant is false or
misleading in any material particular;
(b) the holder of the certificate fails, without lawful excuse, to—
(i) comply with any requirement of this Act;
(ii) comply with any terms and conditions specified in the
certificate; or
(iii) pay any fees and charges levied under this Act; or
(c) the SME, in respect of which the certificate has been issued,
ceases to meet the criteria to be considered as a
microenterprise, small enterprise or medium enterprise.
(2) The Registrar shall, before cancelling or varying a registration
certificate, require, by notice in writing, the holder of the registration
certificate to show cause, within 14 days of the notice, why the registration
certificate should not be cancelled or varied.