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In furtherance of section 45 of the Act, the Commissioner-General may revoke the licence of a bonded carrier on the following grounds:

(a) where the licence was obtained through fraud or false statements;

(b) commission of a crime or other offence relating to customs by the bonded carrier;

(c) if the holder of the licence allows another person to use the licence; or

(d) if the holder of the licence fails to operate in a manner consistent with the protection of the public interest, health and safety.