Cancellation or suspension of account or authentication code
12.—(1)  The Authority may cancel, or suspend for such period as it may determine, any account with the electronic service or any authentication code, if —
(a)the Authority is satisfied that the holder of the account or authentication code had contravened any provision of Part I of the Act or any rules made thereunder (including any provision of these Rules), or any condition subject to which the account or authentication code was assigned to him;
(b)the Authority is satisfied that he had knowingly furnished false or misleading information in his application for the account or authentication code, or in any document filed with or submitted to the Authority through the electronic service;
(c)in a case where the authentication code was assigned to a person for a particular matter and he had authorised an electronic service agent to act for him for that matter, the Authority is satisfied that such authorisation had been revoked;
(d)in a case where the account or authentication code was assigned to an electronic service agent —
(i)the electronic service agent is no longer carrying on a business referred to in rule 3(b); or
(ii)the electronic service agent had been wound up or otherwise dissolved, or a receiver, receiver and manager or judicial manager had been appointed in respect of his property, or (if he is an individual) he is an undischarged bankrupt; or
(e)the Authority is satisfied that the account or authentication code is no longer needed.
(2)  The Authority shall notify the holder of the account or authentication code of any suspension or cancellation referred to in paragraph (1) together with the reason for it.