s 18 Cancellation of registration of registered corporate service providers
18.—(1) The Registrar may cancel the registration of a registered corporate service provider (X) (not being a deemed registered corporate service provider) —(a) if X ceases to meet one of the criteria specified under section 9(1)(a); (b) if the Registrar is satisfied that X or (if X is not an individual) any key appointment holder of X is not a fit and proper person; (c) if X’s registration was obtained through fraud or misrepresentation; (d) if X does not carry on a business of providing any corporate service; or (e) if X applies to the Registrar for X’s registration to be cancelled. (2) The Registrar may cancel the registration of a deemed registered corporate service provider (Y) —(a) if Y ceases to be an accounting entity; (b) if the Registrar is satisfied that Y or (if Y is not an individual) any key appointment holder of Y is not a fit and proper person; (c) if Y does not carry on a business in Singapore of carrying out any designated activity in relation to the provision of any accounting service by Y; or (d) if Y applies to the Registrar for Y’s registration to be cancelled. (3) The Registrar may refuse to cancel a registration under subsection (1)(e) or (2)(d) until the requirements in subsection (4) are met, if the Registrar suspects —(a) in relation to X, that X has contravened or failed to comply with —(i) any of the conditions of the registration; or (ii) any requirement under this Act or the regulations, the contravention of or non‑compliance with which is not an offence under this Act; or (b) in relation to Y, that Y has contravened or failed to comply with any requirement under this Act or the regulations, the contravention of or non‑compliance with which is not an offence under this Act. (4) For the purposes of subsection (3), the requirements to be met are —(a) the Registrar has investigated the suspected contravention or non‑compliance; and (b) the Registrar has determined that —(i) there was no contravention or non‑compliance; (ii) there was a contravention or non‑compliance and has taken regulatory action under section 19 for it; or (iii) there was a contravention or non‑compliance and has decided not to take regulatory action under section 19 for it.