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Amendments are not highlighted in legislation amended before 2012. We are working on it.
Formal Consolidation |  1993 RevEd
Effect of revocation or suspension of licence
20.—(1)  A person whose licence is revoked under section 18 or revoked or suspended under section 19 shall, for the purposes of this Part, be deemed not to be licensed from the date that the Board revokes or suspends the licence, as the case may be.
(2)  A revocation or suspension of a licence of a person shall not operate so as to —
(a)avoid or affect any agreement, transaction or arrangement relating to the trading in commodity futures contracts entered into by such person, whether the agreement, transaction or arrangement was entered into before or after the revocation or suspension of the licence; or
(b)affect any right, obligation or liability arising under any such agreement, transaction or arrangement.
Informal Consolidation | Amended Act 22 of 2001
Effect of revocation or suspension of licence
20.—(1)  A person whose licence is revoked under section 18 or revoked or suspended under section 19 shall, for the purposes of this Part, be deemed not to be licensed from the date that the Board revokes or suspends the licence, as the case may be.
(2)  A revocation or suspension of a licence of a person shall not operate so as to —
(a)avoid or affect any agreement, transaction or arrangement relating to the trading in commodity contracts or commodity futures contracts entered into by such person, whether the agreement, transaction or arrangement was entered into before or after the revocation or suspension of the licence; or
[22/2001 wef 27/06/2001]
(b)affect any right, obligation or liability arising under any such agreement, transaction or arrangement.