has ceased to carry on the business for which he has been licensed or if the licensee, being a company, goes into liquidation, is wound up or otherwise dissolved;
(ii)
has improperly obtained his licence contrary to the provisions of this Act;
(iii)
is no longer a fit and proper person to continue to hold a licence;
(iv)
being a company, any of its officers holding a managerial or executive position has been convicted of an offence involving fraud, dishonesty or moral turpitude;
(v)
is exporting timber or carrying on business as an exporter in such a manner as renders him unfit to continue to hold a licence;
(vi)
is contravening or has contravened any of the provisions of this Act or any regulations made thereunder; or
(vii)
being a company, any of its officers holding a managerial or executive position has been convicted of an offence under this Act or any regulations made thereunder; or
(b)
if it considers it in the public interest to do so.
(2) The Board shall, before revoking a licence under subsection (1), give the person concerned notice in writing of its intention to do so specifying a date, not less than 21 days after the date of the notice, upon which the revocation shall, subject to subsections (5) and (6), take effect and calling upon the person concerned to show cause to the Board why the licence should not be revoked.
(3) When the Board has revoked a licence under subsection (1) it shall forthwith inform the licensee concerned by notice in writing of the revocation.
(4) The licensee whose licence has been revoked may, within 14 days of the receipt of the notice referred to in subsection (3), or such extended period of time as the Minister may allow, appeal in writing against the revocation to the Minister whose decision shall be final.
(5) An order of revocation shall not take effect until the expiration of a period of 14 days after the Board has informed the licensee concerned of the order.
(6) If within that period the licensee concerned gives due notice of appeal to the Minister the order shall not take effect unless the order is confirmed by the Minister or the appeal is for any reason dismissed by the Minister.