s 63 Other provisions concerning assumption of control
63.—(1) A statutory manager is treated to have assumed control of the relevant business of the designated credit bureau on the date of the statutory manager’s appointment as a statutory manager.[7/2018] (2) Without limiting section 61(4)(a), the Registrar may at any time revoke the appointment of a statutory manager in relation to the relevant business of the designated credit bureau —(a) if the Registrar is satisfied that the reasons for the appointment have ceased to exist; (b) if the confidentiality, security or integrity of any data held by the designated credit bureau is compromised; (c) if a subsequent designated credit bureau is designated; or (d) on any other ground.[7/2018] (3) The statutory manager must cease to be in control of the relevant business of the designated credit bureau upon revocation of its appointment under subsection (2) or section 61(4)(a).[7/2018] (4) The Registrar must publish in the Gazette the date, and any other particulars that the Registrar thinks fit, of —(a) the appointment of a statutory manager in relation to the relevant business of the designated credit bureau; and (b) the revocation of a statutory manager’s appointment in relation to the relevant business of the designated credit bureau.[30K [7/2018]