(1) The Bureau may cancel a licence issued under this Act if it is satisfied that the licensee -
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| (i) has contravened any of the provisions of this Act or of any regulation made thereunder or of any agreement or bond entered into by the licensee under this Act; | | |
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| (ii) has been convicted of an offence under this Act or any regulation made thereunder; | | |
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| (iii) has not complied with any directions issued by the Bureau to the licensee under section 42 or section 43 ; | | |
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| (iv) has failed to pay any cess he is required to pay under this Act; | | |
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| (v) failed to pay any person, any sum he has been directed to pay by the Bureau under section 44 ; or | | |
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| (vi) has furnished in any application or in any return or in any written information or written explanation sent by the licensee under this Act, any particulars which to the knowledge of the licensee are false or incorrect. | | |
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