Renewal Of Registration
- A credit reporting agency may make an application for the renewal of the certificate of registration not later 90 days before the date of expiry of the certificate of registration in the manner and form as determines with the prescribed renewal fee and such documents as may be required by the Registrar, but no application for renewal shall be allowed where the application is made after the date of expiry of the certificate of registration.
- When renewing a certicate of registration, the Registrar may vary the conditions or restrictions imposed upon the issuance of the certificate of registration or impose additional conditions or restrictions.
- The Registrar may refuse to renew a certificate of registration :
- if the credit reorting agency has failed to comply with any of the provisions of this act
- if the credit reporting agency has failed to comply with any conditions or restrictions imposed upon the issuance of the certificate of registration; or
- if he is satisfied that the credit reporting agency is unable to continue the credit reporting business in accordance with this act