66BDetermination of disciplinary measures by the Secretary

#### 66B Determination of disciplinary measures by the Secretary 66B Determination of disciplinary measures by the Secretary > > (1) If, after compliance with section 66A, the Secretary is satisfied that a ground referred to in section 66A (1) has been established, the Secretary may do one or more of the following— > > > > > (a) require the fund to comply within a specified time with a requirement specified by the Secretary, > > > > > (b) impose or vary a condition on the fund’s registration, > > > > > (c) suspend the registration for a period not exceeding 12 months, > > > > > (d) disqualify the fund, or if the fund is a corporation, a director or other officer of the corporation, from being registered or being concerned in the direction, management or conduct of the business of carrying on contributory funeral benefit business or acting as a trustee of trust funds under a pre-paid contract, either permanently or for such period as the Secretary thinks fit, > > > > > (e) cancel the registration. > > > (2) Where, under subsection (1), the Secretary requires a fund to comply with a requirement specified by the Secretary, the fund must comply with the requirement within the period specified by the Secretary under that subsection. > > > (3) A fund or individual disqualified under subsection (1) (d) must not, while disqualified— > > > > > (a) be registered under this Act, or > > > > > (b) be concerned in the direction, management or conduct of a business for which this Act requires a person to be registered. > > **s 66B:** Ins 2003 No 61, Sch 1 \[37\]. Am 2004 No 91, Sch 1.17 \[9\].