Section 21: Revocation of licence.

(1) Notwithstanding section 20 of this Act, a licence granted under this Act may be revoked by the President if-
(a) the licensee is no longer a fit and proper person to carry on the business of a national lottery, whether arising from insolvency, liquidation or any other valid reason;
(b) there has been a contravention or a breach of any of the conditions contained in the licence;
(c) any person for whose benefit the licence has been acquired or who is a holding company of the licensee or who in any other way controls the licence, is not a fit and proper person to benefit from it, whether arising from insolvency, liquidation, confinement in prison or other institution or any other relevant reason;
(d) the licensee has failed to take adequate steps to prevent the Commission of fraud by its employees, after having been alerted or becoming aware of the conditions conducive to the commission of fraud, or to instances of fraud or dishonesty;
(e) the licensee or any of its employees unlawfully prevents the President, the Commission or any authorised person from carrying out his or its duties under this Act;
(f) the licensee fails to prevent or abate the violation of the provisions of this Act or the licence; or
(g) the licensee or any of its employees repeatedly and knowingly sells tickets or awards or pays prizes to any person contrary to the provisions of this Act.
(2) The President shall, if satisfied that there exists any ground for revocation as specified in subsection (1) of this section-
(a) notify the licensee in writing of the existence of such grounds; and
(b) request the licensee to furnish reasons, within 14 days of service of such notice at the registered address of the licensee as to why the licence should not be revoked.
(3) The President may-
(a) if satisfied with any reason furnished by the licensee pursuant to subsection (2) of this section, allow the licence to continue; or
(b) if not satisfied with the reasons furnished by the licensee, revoke the licence with or without the advice of the Commission
(4) Where a licence is revoked under this section, appropriate compensation may be payable to the licensee subject to due valuation of all physical assets of the licensee relating to the business of a national lottery.