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(1)Subject to subsection (2), the Minister shall revoke a permit for transit or transhipment if
(a)the permit was issued on the basis of false or misleading information or false or falsified documents;
(b)the holder of the permit has failed to comply with a provision of the Act or any regulation under the Act or a condition of a permit for transit or transhipment issued under these Regulations;
(c)information received from a competent authority, the United Nations or a peace officer raises a reasonable belief that the licensed dealer has been or will be involved in the diversion of a controlled substance or precursor to an illicit market or use; or
(d)the continuation of the permit would likely create a risk to public health, safety or security, including the risk of a Class A precursor being diverted to an illicit market or use.
(2)The Minister is not required to revoke a permit under paragraph (1)(a) or (b) if the holder of the permit
(b)has carried out, or signed an undertaking to carry out, specified corrective measures to ensure compliance with the Act and these Regulations.
(3)The Minister may revoke a permit if the holder fails to comply with a decision of the Minister to suspend the permit under subsection 46(1) or if the situation giving rise to the suspension is not rectified.
Federal laws of Canada reproduced under the Reproduction of Federal Law Order (SI/97-5); not the official version. Source: Justice Laws Website.