Section 28: Cancellation or variation of registration certificate

28. Cancellation or variation of registration certificate (1) Subject to the provisions of this section, the Board may cancel or vary the terms and conditions of a registration certificate where— (a) any information given to it by the holder of the registration certificate is false or misleading in any material particular; (b) the holder of the registration certificate, without lawful excuse, fails to— (i) comply with any requirement of this Act or any regulations made under it; (ii) pay any fee or charge levied under this Act or any regulations made under it; (c) a small enterprise or medium enterprise, in respect of which a registration certificate has been issued, ceases to meet the criteria to be considered as a small enterprise or medium enterprise. (2) Before cancelling or varying a registration certificate, the Board shall, by notice in writing, within such reasonable time as it thinks fit, require the holder of the registration certificate to show cause why his registration certificate should not be cancelled or varied.