s 7 Revocation of approval
7.—(1) The Board may revoke any approval granted under section 5 if —(a) the body corporate ceases to operate as a commodity market; (b) the body corporate is being wound up; (c) the body corporate is operating in a manner detrimental to the public interest; or (d) any information provided to the Board under section 5(1) was false or misleading in a material particular. (2) For the purposes of subsection (1)(a), a body corporate is deemed to have ceased to operate as a commodity market if it has ceased to operate for more than 30 days unless it has obtained the approval of the Board to do so, or unless it has ceased to operate by virtue of any direction issued by the Board under section 34(1)(a).