49Operating certificate—revocation

49 Operating certificate—revocation (1) The technical regulator may revoke an operating certificate if the technical regulator is satisfied on reasonable grounds that— (a) a condition of the operating certificate is not being complied with; or (b) the unlicensed regulated utility is providing a regulated utility service in contravention of this Act. (2) Before revoking an operating certificate, the technical regulator must— (a) give the unlicensed regulated utility a written notice stating— (i) that the technical regulator proposes to revoke the operating certificate under this section; and (ii) the reasons for the proposed revocation; and (iii) that the unlicensed regulated utility may, not later than 20 days after the day the written notice is given, give the technical regulator a written submission about the proposed revocation; and (b) consider any submission given under paragraph (a) (iii).