( 1 ) The licensing authority may, a t any time, during tlic !crm of any licence, Po\rer to cancel cancel it by an order in writing-- Iiccnccs, etc.
(a) if the licensee carries o n the business i n contravet~tion of any of tlic provisions of this Regulation o r the rules made thereunder or of any of rile conclitions of the licence, o r , .s -a Publication 16. Every order of cancellation of a licence under this Regulation shall be of order of c a n c e a notified in the Laccadives Gazette and also on the notice board of the office of d ii the licensing authority. -3 'Pe ?4
Explanation.-The cancellation of a licence under section 15 shall not be deemed to be a penalty for the purposes of this sub-section.
r % i (c) if the licensee is convicted of an offence under section 12 or section ! I 14, or i (d) if thelicensee maintains false accounts or is found to molest or abet I I , the molestation of any debtor for the recovery of any loan.
(2) Before cancelling a licence under sub-section ( I ) , the licensing authority shall give the licensee a notice in writing stating the grounds on which it is proposed to take action and requiring him to show cause against it within such time as may be specified in the notice.
(3) Any person aggrieved by an order of the licensing authority cancelling a licence may, within one month of the date of communicatiori of such order to him. appeal to the appellate authority.
..:z Nocornpen- 17. A person whose licence is cancelled under section 15 shall not be '3 3 sation for cancella- entitled to any compensation in respect of such cancellation or to the refund !I:.
f tion of any fee paid in respect of such licence. :;a i!' of licence. .<a i i Pena!ty for 18. Whoever carries on business as a money-lender without a licence or ;$j .* otherwise than in conformity with the terms and conditions of a licence shall be ,3 ,3 i; t without punished with fine which may extend to one thousand rupees: I licence.
i! b Provided that a person shall not be deemed to carry on business as a money- .- 1; 1 lsnder without a licenct., if he had ceased to carry on such business but was taking :+ ,..
' -7 steps to recover any loan advanced by him. 2- @ k .":
Penalties. 19. (1) Whoever contravenes any of the provisions of this Regulation or of any rule made thereunder or of any of the conditions of a licence granted or 4 4 deemed to be granted thereunder or makes a claim or a statement which is false 1 or which he does not believe it to be true shall, if no other penalty is elsewhere provided for in this Regulation for such contravention, be punished with fine which may extend to one thousand rupees.
(2) Where a contravention of any of the provisions of this Regulation or of any rule made thereunder of which a person is convicted consists of an omission 4 to do a thing, the Magistrate may, when convicting the offender, direct him to do 1 2 the thing before an appointed day and may on the failure of the offender.to do "j the thing before the said day, pass an order, whether the offender appears in 4 Court or not on that day, cancelling his licence.