Registration under this Part is on the basis that:
(a) the registration may cease as mentioned in section 76H; and
(b) the registration may be suspended as mentioned in section 76K; and
(c) the registration may be made subject to conditions as mentioned in section 76G; and
(d) the registration may cease, be suspended or be made subject to conditions by or under later legislation; and
(e) no compensation is payable if the registration ceases, is suspended or made subject to conditions as mentioned in any of the above paragraphs.