174A
CurrentSuspension or cancellation of CMS licence in extraordinary circumstances
Part 12General provisions relating to CMS and links licences
174A Suspension or cancellation of CMS licence in extraordinary circumstances
(1)
Despite any other provision in this Part, the Minister may, by notice in writing to a CMS licensee, cancel or suspend the CMS licence if the Minister is satisfied that—
(a)
the conduct of the CMS licensee may materially jeopardise the integrity of the CMS, or
(b)
failure to do so may result in the public interest being adversely affected in a material way.
(2)
A notice given under this section is to specify—
(a)
when the cancellation or suspension takes effect (whether on the date notice is given or a later date), and
(b)
the grounds on which the licence was cancelled or suspended.
This Act’s bill:Explanatory memorandumSecond reading speech
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