Cancellation of Certificate of Entitlement

Cancellation of Certificate of Entitlement.

1. (1) The Commissioner may, for reasons to be recorded in writing, cancel or suspend the Certificate of Entitlement granted to an Eligible Unit, if such unit fails to comply with any of the provisions of this Act or the rules made thereunder or with any of the terms and conditions stipulated in the Eligibility Certificate or the Package Scheme of Incentives under which the incentives were granted: Provided that, no such order shall be passed without giving the Eligible Unit a reasonable opportunity of being heard.
2. (2) The Commissioner may, upon an application made by an Eligible Unit, cancel the Certificate of Entitlement, if the unit has ceased to work or is closed down.