(1) Subject to such regulations as the Minister may make, the Registrar may suspend or revoke the registration of a member state company for failing to comply with any requirements of this Division or for any other prescribed cause; and the Registrar may, subject to those regulations, remove a suspension or cancel a revocation.
(2) The rights of the creditors of a member state company are not affected by the suspension or revocation of its registration under this Act.
(Inserted by Act 13 of 2015)