38Cancellation and suspension of licence

#### 38 Cancellation and suspension of licence (1) The CEO may, by notice in writing given to the licence holder, suspend or cancel a licence if: (a) a condition of the licence has been breached, whether by the licence holder or by a person covered by the licence; or (b) the CEO believes on reasonable grounds that the licence holder, or a person covered by the licence, has committed an offence against this Act or the regulations; or (c) any annual charge payable in respect of the licence remains unpaid after the due date; or (d) the licence was obtained improperly.