Cancellation of licences
13 Cancellation of licences
The Director may cancel a licence if satisfied, on reasonable grounds—
that the licence has been obtained improperly; or
that the holder of the licence has contravened, or failed to comply with, a condition of the licence; or
that the holder of the licence has contravened, or failed to comply with, a provision of this Act; or
that the holder of the licence is no longer a fit and proper person to hold a licence or, in the case of a body corporate, that a person who has gained or is in a position to control or influence substantially the affairs of the body corporate is not or has ceased to be a fit and proper person to exercise such control or influence in respect of a body corporate that is the holder of a licence.
Before the Director acts under this section, the Director must—
notify the holder of the licence in writing of the proposed cancellation of the licence; and
allow the holder of the licence at least 28 days within which to make submissions in relation to that proposed action.
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