(1) The Authority may cancel a person's authorisation and remove the person from the register where -
(a) the person does not issue electronic money within 12 months beginning with the date on which the authorisation took effect;
(b) the person requests, or consents to, the cancellation of the authorisation;
(c) the person ceases to engage in business activity for more than six months;
(d) the person has obtained authorisation through false statements or any other irregular means;
(e) the person no longer meets, or is unlikely to meet, any of the conditions set out in regulation 6(4) to (8) or the requirement in regulation 19(1) to maintain own funds, or does not inform the Authority of a major change in circumstances which is relevant to its meeting those conditions or that requirement, as required by regulation 37 ;
(f) the person has issued electronic money or provided payment services other than in accordance with the authorisation granted to it;
(g) the person would constitute a t
…