7. The body designated under section 1 may revoke the registration of a company if it is proved that the company(1) has furnished false information or documents;
(2) is failing or neglecting to fulfill its obligations under this Act and the regulations thereunder;
(3) has filed an application for that purpose.
The notice of revocation of the registration of a company shall indicate the date of the revocation and shall be sent to the head office of the company by registered or certified mail.
1985, c. 9, s. 7; 1988, c. 80, s. 5; 1998, c. 17, s. 64; 2010, c. 37, s. 126.