(1) Where a financial institution or a person engaged in other business activity is convicted of an offence under this Act, the Court may in addition to any other penalty order the suspension or revocation of the licence to operate.
(2) In this section “licence” means a licence, registration, recognition or entitlement to practice or operate issued or granted under any law governing the financial institution or other business activity.
(Inserted by Act 20 of 2016)