(1) In furtherance of subsection (6) of section 43 of the Act, the Commissioner-General may suspend a licence granted to a customs house agent, if the customs house agent

(a) is found to have made a false or misleading statement in the application for the licence; or

(b) in relation to or arising out of the performance of functions as a customs house agent, is found guilty of a conduct which is an abuse of the rights and privileges attached to the licence.

(2) The suspension of the licence shall be for a period of not more than twelve months