(1) In accordance with subsection (1) of section 21 of the Act, the controller shall complete the following procedure when canceling the license of the certifying body:-
(a) In relation to the cancellation of the license of the certifying body by the controller, the reason for the cancellation of the license should be given to the certifying body within seven days and given an opportunity to submit a defense against the allegations against it.
(b) If the controller needs to request any additional documents or details on the clearance submitted by the certifying body within the period as per clause (a), he may order the certifying body to submit such documents or details within three days.
(2) In accordance with clauses (a) and (b) of sub-section (1), if the cleaning provided by the certifying body is not reasonable, the controller will order the cancellation of the license of the certifying body.
(3) The certifying body shall bear reasonable compensation for any loss or damage caused to anyone due to intentional or negligent actions of the certifying body or its employees or due to non-compliance with any order given by the Act, these regulations or the controller.
(4) The compensation as per sub-rule (3) shall be deducted from the bank guarantee as per clause (d) of sub-rule (2) of rule 12 of the certifying body.
(5) According to sub-rule (4) after deducting the compensation, the bank guarantee equal to the remaining amount should be released within fifteen days from the date of cancellation of the license.