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Article (12) Suspension or Revocation of the License

1. If the License of Trust Service Providers or Qualified Trust Service Providers is suspended, the Licensee shall promptly cease to list any new Subscribers to services set out in the License, and shall keep providing the services to Subscribers existing before the effective date of the suspension decision. 

2. If the License of Trust Service Providers or Qualified Trust Service Providers is revoked, such provider shall be served with a notice to activate the Termination Plan for all or any of the services set out in the License, along with adjusting the UAE Trust List when completing the implementation of the Termination Plan. 

3. If a Qualified Service Provider’s License is revoked, the Status of Qualified Service Provider for delicensed services shall be withdrawn.  

4. In all cases, upon the expiry or revocation of the License term, the Licensee may directly suspend Trust Services or Qualified Trust Services only according to the procedures set by the TDRA, and the Licensee shall be exempted from the obligations set out in the Decree-Law and this Resolution and the resolutions issued by the TDRA in implementation of both of which, and the requirements of the Competent Authorities, as the case may be, only after obtaining the prior approval of the TDRA. 

5. The application of the procedures set out in this Article shall not preclude the application of the administrative sanctions or the penalties set forth in the Decree-Law.