123. The Minister may, after consulting the Commission, modify or revoke an institution’s accreditation for purposes of subsidies where(1) accreditation was granted on the basis of false or misleading information;
(2) the institution does not comply with the conditions, restrictions or prohibitions applicable to it;
(3) he considers it necessary by reason of a change that has occurred in the institution’s situation, taking into account the grounds on which accreditation was based.