18 Revocation and variation of licence

18  Revocation and variation of licence

For section 18 of the 1990 Act (revocation and variation of licence) substitute—

“18 Revocation of licence

(1)     The Authority may revoke a licence on application by—

(a)     the person responsible, or

(b)     the holder of the licence (if different).

(2)     The Authority may revoke a licence otherwise than on application under subsection (1) if—

(a)     it is satisfied that any information given for the purposes of the application for the licence was in any material respect false or misleading,

(b)     it is satisfied that the person responsible has failed to discharge, or is unable

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