7A. Power to strike off branch on initiative of Registrar
(1) If the Registrar has reasonable cause to believe that a branch has not been carrying on business or in operation, the Registrar may send to the licence holder and, if it is possible to do so, the branch, a communication inquiring whether the branch is carrying on business or in operation.
(2) The communication must state that:
(a) the licence holder or, if applicable, the branch have 14 days to respond to the Registrar; and
(b) if an answer is not received, a notice will be published on the Registrar’s website stating that the Registrar proposes to strike off the branch from the register.
(3) If, within 14 days after sending the communication, the Registrar:
(a) receives a response to the effect that the branch is not carrying on business or in operation, or
(b) does not receive any response,
the Registrar may publish on the Registrar’s website a notice that, at the expiration of 14 days from the date of the notice, the name of the branch mentioned in it will, unless cause is shown to the contrary by representations made to the Registrar, be struck off the register.
(4) At the expiration of 14 days from the date of the notice on the Registrar’s website, the Registrar may, unless cause to the contrary is shown by representations made to the Registrar, strike the branch’s name off the register.
(5) The liability (if any) of every director, managing officer and member of the licence holder continues and may be enforced as if the branch’s name had not been struck off the register.