Section 71
Section 71
No certification authority, whether licensed or not, shall conduct its business in a manner that creates an unreasonable risk of loss to the subscribers of the certification authority, to persons relying on certificates issued by the certification authority or to a repository.
(2)
The Commission may publish in one or more recognized repositories brief statements advising subscribers, persons relying on digital signatures and repositories about any activities of a certification authority, whether licensed or not, which create a risk prohibited under subsection (1).
(3)
The certification authority named in a statement as creating or causing a risk may protest the publication of the statement by filing a brief written defence.
Digital Signature 45
(4)
On receipt of a protest made under subsection (3), the
Commission shall publish the written defence together with the
Commission’s statement, and shall immediately give the protesting certification authority notice and a reasonable opportunity of being heard.
(5)
Where, after a hearing, the Commission determines that the publication of the advisory statement was unwarranted, the
Commission shall revoke the advisory statement.
(6)
Where, after a hearing, the Commission determines that the advisory statement is no longer warranted, the Commission shall revoke the advisory statement.
(7)
Where, after a hearing, the Commission determines that the advisory statement remains warranted, the Commission may continue or amend the advisory statement and may take further legal action to eliminate or reduce the risk prohibited under subsection (1).
(8)
The Commission shall publish its decision under subsection
(5)
, (6) or (7), as the case may be, in one or more recognized repositories.