18
Laws of Malaysia
ACT 562
or declaration made by or on behalf of the licensed
certification authority or by or on behalf of any person
who is or is to be a director, controller or manager of the
licensed certification authority which is false, misleading
or inaccurate;
(d) the licensed certification authority is carrying on its business
in a manner which is prejudicial to the interest of the
public or to the national economy;
(e) the licensed certification authority has insufficient assets
to meet its liabilities;
(f) a winding up order has been made against the licensed
certification authority or a resolution for its voluntary
winding up has been passed;
(g) the licensed certification authority or any of its officers
holding a managerial or an executive position has been
convicted of any offence involving dishonesty, fraud or
moral turpitude;
(h) the licensed certification authority or its director, controller
or manager has been convicted of any offence under this
Act; or
(i) the licensed certification authority has ceased to be a
qualified certification authority.
(2) Before revoking a licence, the Commission shall give the
licensed certification authority a notice in writing of its intention
to do so and require the licensed certification authority to show
cause within a period specified in the notice as to why the licence
should not be revoked.
(3) Where the Commission decides to revoke the licence, it
shall immediately inform the certification authority concerned of
its decision by a notice in writing.
(4) The revocation of a licence shall take effect—
(a) where there is no appeal against such revocation, on the
expiration of fourteen days from the date on which the
notice of revocation is served on the licensed certification
authority; or
(b) where there is an appeal against such revocation, when
the revocation is confirmed by the Minister.