Section 35: Cancellation of licence for breach of condition or contravention of regulation or public intrest

(1) The Authority may cancel a licence granted under section 34 of this Act-
(a) on proof to its satisfaction of a breach of any condition of the licence or of a contravention by the holder of the licence of any regulation made under section 37 of this Act;
(b) whenever it thinks it proper in the public interest, in which case the holder of the licence shall be entitled to reasonable compensation by the Authority unless express provision to the contrary is contained in the licence.
(2) When the amount of compensation payable under subsection (1) (b) of this section is not agreed, the amount shall be determined by the High Court within whose area of jurisdiction the pier is located, in the like manner as the amount of compensation is determined under the law for the time being regulating the acquisition of land for public purposes.