Power to cancel licences

(1) Subject to the provisions of sub-section (2), the Administrator or such other officer as may be authorised by the Committee may, for reason to be recorded in writing, suspend or cancel a licence if,— (i) the licence has been obtained through wilful misrepresentation or fraud; or (ii) if the holder of the licence or any servant or any one acting on his behalf with his express or implied permission commits a breach of any of the terms and conditions of the licence; or (iii) if the holder of the licence has become an insolvent; (iv) if the holder of the licence is convicted of any offence under this Act. (2) No licence shall be suspended or cancelled under this section unless a reasonable opportunity to show cause against such suspension or cancellation has been given to the holder of the licence.