92Suspension or cancellation of accreditation

92 Suspension or cancellation of accreditation

92 Suspension or cancellation of accreditation

(1) The Scheme Administrator may suspend or cancel the accreditation of a person as a certificate provider for an activity on one or more of the following grounds—

(a) the Scheme Administrator is satisfied—

(i) the person has ceased to be eligible for accreditation for the activity, or

(ii) the methods the person is required as a condition of accreditation to use to calculate demand reduction have ceased to be recognised under the scheme rules, or

(iii) the methods the person is approved to use to calculate demand reduction have ceased to be recognised under the scheme rules, or

(iv) the person, or a close associate of the person, has contravened a provision of the Act, the regulations, the scheme rules or a condition to which the accreditation is subject, or

(v) the person is not competent to be a certificate provider for the activity, or

(vi) the person is not a fit and proper person,

(b) if the person is an individual—the person has become personally insolvent,

(c) if the person is a corporation—the corporation is—

(i) the subject of a winding up order, or

(ii) a corporation for which an insolvency official has been appointed,

(d) the person has requested the suspension or cancellation.

(2) If the Scheme Administrator suspends or cancels the accreditation of a person, the Scheme Administrator must give the person written notice of the suspension or cancellation and the grounds for the suspension or cancellation.

(3) A suspension or cancellation takes effect—

(a) when notice of the suspension or cancellation is given to the person, or

(b) on a later date specified by the Scheme Administrator in the notice.