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

(a) commits or attempts to commit an offence, under any of the laws in relation to customs business;

(b) is convicted for an offence punishable by imprisonment whether in the country or elsewhere;

(c) becomes an undischarged bankrupt; or

(d) in the opinion of the Commissioner-General, is found to be unfit to continue to be licensed as a customs house agent.

(2) A customs house agent whose licence is revoked may, subject to regulation 19, reapply for a licence two years after the date of revocation.