License to prospect may be cancelled
54 License to prospect may be cancelled
If the holder of a license to prospect shall by any act or omission make default in the due observance of or compliance with his duties and obligations under this Act or the regulations and such default shall continue for a period of 90 days after the Minister shall have given to such holder notice in writing, to remedy the same then, unless such holder shall furnish the Minister with reasons acceptable to the Minister for his inability to do so the Minister may forthwith, by notice in writing in the prescribed form, cancel the license to prospect, and thereafter such license shall cease and determine.
[Section 54 amended: No. 12 of 1951 s. 9.]
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