Cancellation of licence

(1) Any licence, permit, permission or consent granted under this Act may at any time be cancelled or withdrawn by the Commission or suspended by it for such period, not exceeding twelve months as the Commission specifies, in the event of any contravention by the licensee or the person to whom the permit, permission or consent was granted, as the case may be, under the provisions of this Act, and any such licence may be cancelled or suspended at any time by the Commission if in its opinion the public interest so requires. (2) Where any licence, permit, permission or consent granted under this Act is cancelled, withdrawn or suspended, no part of any fee or other sum paid in respect thereof shall be refunded.