Clause 48

The Board may in its discretion require that before the issue of any licence, such security as it may specify shall be furnished for the due observance of the terms and conditions of the licence and of the provisions of this Ordinance and any regulations made thereunder.

A licence may at any time be suspended or revoked by the Board on breach of any of the conditions thereof or in default of payment of any moneys due thereunder, or if the licensee ceases to work or operate the installation in respect of which the licence has been granted:Provided that, where a licence has been suspended or revoked on the ground that the licensee has ceased to work or operate an installation, the licensee may, if he considers that he has suffered or may suffer undue hardship by reason of such suspension or cancellation, appeal to the Minister against such suspension or cancellation, and the decision of the Minister on such appeal shall be final.

The licensee shall not be entitled to compensation for any loss caused to him by the suspension or revocation of a licence under this section.