31. Disciplinary Action Against a Director

If the Disciplinary Committee find that any contravention of these Rules is due to a failure of all or any of the Issuer's Directors to discharge their responsibilities under these Rules it may censure the relevant Director and, in addition, it may publish such censure. Further in the case of wilful or persistent failure by a Director to discharge his responsibilities following such a censure, the Disciplinary Committee may state publicly that in its opinion the retention of office by the Director is prejudicial to the interests of investors and if the Director remains in office following such a statement the Disciplinary Committee may suspend or cancel the Admission of the Issuer's Securities, or any class of its Securities.