Section 12: Cancellation of licence in public interest.

(1) The Minister may cancel a licence issued under this Act whenever he may think proper in the public interest, but in such a case the owner of the pier shall be entitled to compensation unless express provision to the contrary is contained in the licence.
(2) When the amount of the compensation is not agreed, the amount shall be determined by the High Court within whose area of jurisdiction the pier is situate 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.