75Revocation of certificate

75 Revocation of certificate S. 75(1) amended by No. 46/1998 s. 7(Sch. 1). (1) If the Secretary is satisfied that— (a) a person to whom an approval in principle relates has ceased to be a fit and proper person to carry on, or to have the financial capacity to carry on, an establishment of the kind to which the approval relates; or (b) where an approval in principle relates to a body corporate, any director or other officer of the body corporate who exercises or may exercise control over the body corporate has ceased to be a fit and proper person to exercise control over an establishment of the kind to which the approval relates— the Secretary, by notice in writing given to the person or body corporate, may revoke the certificate. S. 75(2) amended by Nos 99/1995 s. 14(6), 46/1998 s. 7(Sch. 1), 18/2004 s. 7. (2) Except as provided in subsection (1), section 76 or section 86, the Secretary cannot revoke a certificate of approval in principle. New s. 76 inserted by No. 99/1995 s. 15, amended by No. 46/1998 s. 7(Sch. 1).