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Islamic Financial Services Act 2013 · s 49

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s 49Revocation of certificate of finality

The Bank may, with the concurrence of the Minister, by an order published in the Gazette, revoke a certificate of finality if the Bank is of the opinion that—

(a)

any of the criteria specified in section 48 is no longer met;

or

(b)

the operator of the certified designated payment system has breached or contravened any provision of this Act.