612.Where the Authority believes that an auditor or actuary has failed to comply with any obligations under this Act, it may disqualify that auditor or actuary from acting for any particular authorised person, or class of authorised person.  Any such disqualification may be lifted if the Authority is satisfied that the person concerned will in future comply with the obligations.
613.Subsections (2) and (3) require the Authority to serve a warning notice and decision notice, whilst subsection (5) confers a right to refer to the Tribunal any decision to disqualify.
Commentary on Sections Part Xxii: Auditors and Actuaries Section 345: Disqualification