s 61 Revocation of certificate or letter
61.—(1) Where the Minister is satisfied that any company to which a certificate or letter has been issued under the provisions of this Act has contravened —(a) any of the provisions of this Act; or (b) any terms or conditions imposed on the certificate or letter, the Minister may, by written notice, require the company within 30 days from the date of service of the notice to show cause why the certificate or letter should not be revoked. (2) If the Minister is satisfied that, having regard to all the circumstances of the case it is expedient to do so, the Minister may revoke the certificate or letter with effect from a date determined by the Minister.[Act 39 of 2023 wef 29/12/2023] (3) Where a certificate or letter is revoked under subsection (2), the provisions of this Act cease to have effect from the date determined by the Minister under that subsection.[Act 39 of 2023 wef 29/12/2023] (4) This section applies to an approval granted under section 33, 37, 40A or 40E(1)(b), as if —(a) a reference in this section to the issue of a certificate or letter is a reference to the approval of a loan under section 33, the approval of royalties, fees or contributions under section 37, or the approval of an activity under section 40A or 40E(1)(b);[Act 39 of 2023 wef 01/04/2023] (b) a reference in this section to terms or conditions imposed on the certificate or letter is a reference to the conditions of the approval mentioned in section 33(4)(a), 37(3)(a), 40A(4)(a) or 40E(1)(b), as the case may be;[Act 39 of 2023 wef 01/04/2023] (c) a reference in this section to the revocation of a certificate or letter is a reference to the revocation of such approval; (d) a reference in this section to the date of a certificate or letter is a reference to the date of such approval; and (e) a reference in this section to the provisions of this Act ceasing to have effect in relation to a certificate or letter is a reference to the provisions of this Act ceasing to have effect in relation to the approved loan, the approved royalties, fees or contributions, or the approved activity.[99 [11/2016] [Act 39 of 2023 wef 01/04/2023]