10.—(1) The Director may, if he is satisfied that a licensee is in breach of any term or condition contained in the licence or any of the provisions of the Act or these Regulations, revoke or suspend his licence.
(2) The Director shall notify the licensee in writing of such revocation or suspension of his licence by registered post or such other means as the Director may determine.
(3) The effective date of the revocation or suspension of the licence shall be —
(a)
where a date is specified in the written notice as referred to in paragraph (2) as the effective date of the revocation or suspension of the licence, that date so specified; or
(b)
where no date is specified in the written notice as the effective date of the revocation or suspension of the licence, the date on which the licensee receives the written notice.
(4) The licensee shall surrender the licence to the Director within 7 days from the effective date of the revocation or suspension of the licence.