43Suspension and cancellation of licences in public interest

43 Suspension and cancellation of licences in public interest

(1)  The Regulator may, by written notice served on a regulated entity, suspend or cancel a licence held by the regulated entity if the Regulator is satisfied that the suspension or cancellation is in the public interest.

(2)  Suspension or cancellation of a licence may be –

(a) of the Regulator's own motion; or

(b) on the written recommendation of the Minister.

(3)  Suspension or cancellation under this section may be in respect of the whole or any part of the provision of the regulated activities to which the licence relates.

(4)  Suspension or cancellation under this section takes effect on and from the day specified in the notice of suspension or cancellation served under subsection (1) and, in the case of suspension, the suspension remains in force until the date specified in the notice.

(5)  Where a person is a deemed licensee in respect of a piece of water infrastructure or sewerage infrastructure, in respect of which another person has been granted a licence under section 35(1) and that other person has had its licence cancelled or suspended under this section, the Regulator may grant a temporary licence to the deemed licensee for a specified period and on specified conditions.