Malaysia legislation
Section 26C
Section 26C
On an application by a holder of an intermediation business licence for a variation of the intermediation business licence or the conditions of the intermediation business licence, the Board shall have full power in its discretion—
(a)
to grant the application in full or in part;
(b)
to refuse the application; or
(c)
to order any variation of the intermediation business licence or the conditions of the intermediation business licence other than the variation specified in the application.
Revocation or suspension of the intermediation business licence