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(1) The Bank of Ghana may, in writing, suspend a participant on the recommendation of the clearing house where the Bank of Ghana is satisfied that the suspension is in the interest of the clearing system.

(2) A participant on suspension shall submit its instruments for clearing through the clearing housing gateway of another participating bank.

(3) The Bank of Ghana shall, in writing, notify other participants of the suspension.

(4) The suspension shall continue in force until the defect leading to the suspension has been remedied.

(5) A participant that is suspended shall indicate the agent through which claims on the suspended participant shall be made.

(6) Despite subsections (1) and (3), the Bank of Ghana may suspend a participant from further participating in the clearing house where it is in the public interest.