(1) The Central Bank may, with the consent of the Minister, revoke a licence -
(a) if the holders of the licence so request,
(b) if the institution concerned has not commenced to carry on the business authorised by the licence within 12 months of the date on which the licence was granted,
(c) if the trustee savings bank concerned is being wound up,
(d) if the trustee savings bank becomes unable to meet its obligations to its creditors or suspends payments lawfully due by it or, in the opinion of the Central Bank -
(i) no longer possesses funds that are sufficient for the purposes of the business aforesaid, or
(ii) can no longer be relied upon to fulfil its obligations to its creditors, including the repayment of deposits held by it and the payment of interest thereon,
(e) if the trustee savings bank is convicted on indictment of an offence under this Act or is convicted of an offence involving fraud or dishonesty,
(f) if, since the grant of the licence, the circumstances relevant to th
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