5.1.1. Power to suspend or withdraw registration

The AFSA may:

(a) suspend the registration of an Audit Principal on its own initiative; or

(b) withdraw the registration of an Audit Principal on its own initiative or at the request of an Auditor or an Audit Principal.

5.1.2. Conditions on suspension of registration

If the AFSA suspends the registration of an Audit Principal, it may impose such conditions on the Audit Principal as it sees fit during the period of the suspension, and requirements on the procedure for lifting the suspension as it considers appropriate.