Cancellation or suspension of registration
4.—(1)  The Authority may cancel, or suspend for such period as it may determine, the registration of an electronic service agent if —
(a)he fails to use the electronic service for a continuous period of 90 days (including Sundays and public holidays);
(b)the Authority is satisfied that he had contravened any provision of Part I of the Act or any rules made thereunder (including any provision of these Rules), or any condition of his registration;
(c)the Authority is satisfied that he had knowingly furnished false or misleading information in his application for registration, or in any document filed with or submitted to the Authority through the electronic service; or
(d)he is no longer carrying on a business referred to in rule 3(b).
(2)  The Authority shall notify an electronic service agent of any suspension or cancellation referred to in paragraph (1) together with the reason for it.