L-3 - Licenses Act

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12. The Minister of Revenue may prevent the issue of a license or may suspend, at any time, a license issued, for any reason he deems valid. He may also annul, at any time, a license issued, for any reason he deems valid, and remit to the licensee a proportionate part of the duty and fee paid.
R. S. 1964, c. 79, s. 9.