Transport (Tour Operators and Travel Agents) Act, 1982

Revocation and varying of terms and conditions of licences.

8.—(1) Where the holder of a licence is in breach of, or fails, neglects or refuses to comply with any term or condition of a licence under this Act, the Minister may—

(a) revoke the licence, or

(b) vary any term or condition of the licence.

(2) Notwithstanding the generality of subsection (1) of this section, the Minister may revoke, or vary the terms and conditions of, a licence granted under this Act if he is no longer satisfied that—

(a) the financial, business and organisational resources of the holder of the licence or any financial arrangements made by him are adequate for discharging his actual and potential obligations in respect of the business for which he has been granted a licence, or

(b) having regard to the manner in which the holder of the licence is carrying on his business, he is a fit and proper person to carry on business as a tour operator or travel agent.