Removal from the Register

(1) An entity which fails to comply with any provision of this Act shall be deemed to be non-compliant with the Act under which it is incorporated, registered or continued. (2) In the event that the competent authority concludes that the entity is in wilful non-compliance, the competent authority Economic Substance [CAP. 273:01 29 shall direct the Registrar that the entity be removed from the Register pursuant to the relevant Act.