Section 180: Suspension or revocation of the registration of trustee or custodian.

(1) The Commission may revoke or suspend the registration of a trustee or custodian, whenever the Commission is no longer satisfied that the requirements contained in subsection (3) of section 179 of this Act are met by the trustee or custodian.
(2) The Commission shall, before revoking or suspending a registration in terms of subsection (1), notify the trustee or custodian concerned of the grounds upon which such action is contemplated against it, and must give it a reasonable opportunity of showing cause why the proposed action should not be taken.