35‑1 Simplified outline35‑1 Simplified outline

#### 35‑1 Simplified outline The following is a simplified outline of this Division: The Commissioner may revoke an entity’s registration under this Act if the Commissioner reasonably believes that any of certain conditions exist. These conditions include the following: (a) the entity not being entitled to registration; (b) the entity contravening this Act or not complying with a governance standard or external conduct standard; (c) the entity providing information that was false or misleading in a material particular in its application for registration; (d) the entity requesting that the Commissioner revoke the registration. The Commissioner must consider a range of factors before revoking a registered entity’s registration under this Act. If the Commissioner believes on reasonable grounds that a registered entity is not entitled to be registered, the Commissioner may give a show cause notice to the entity.