Section 112N of the Principal Act is amended as follows:

(a) by omitting from subsection (1) "a prescribed licence holder" and substituting "the holder of a prescribed licence to determine whether the licence holder continues to be a suitable person to hold the prescribed licence" ;

(b) by inserting the following subsection after subsection (1) :

(1A)  For the purposes of making a determination in relation to the holder of a prescribed licence under subsection (1), the Commission may have regard to the same matters to which it may have regard in deciding whether an applicant for a prescribed licence is a suitable person to hold such a licence.