Malaysia legislation
Section 12C
Section 12C
On an application by an intermediation business licensee for a variation of the licence or the conditions of the licence, the Director
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(a)
to grant the application in full or in part;
(b)
to refuse the application; or
(c)
to order any variation of the licence or the conditions of the licence other than the variation specified in the application.
Revocation or suspension of licence