Part 5
Administrative matters
Accreditation of requestors
110When chief executive may suspend or cancel accreditation
The chief executive may suspend (for a specified period or until a specified requirement is met) or cancel an accreditation if—
- the accredited requestor, by written notice, requests the chief executive to do so; or
- the requirements referred to in section 105(2)(b) to (e) are no longer met in respect of the accredited requestor; or
- the chief executive is satisfied that the accredited requestor is incapacitated, has ceased to exist, or has become subject to an insolvency event within the meaning of section 6(4) of the Financial Markets Conduct Act 2013; or
- the chief executive is satisfied that the accredited requestor has materially contravened a term or condition of the accreditation or any other requirement imposed under this Act.