Regulation 10—Cancellation of licence(1)  The Authority shall cancel the licence of an operator of a food, beverage or entertainment enterprise, after  giving ninety days’ written notice to that  operator,  if(a) a person who holds majority shares in that enterprise is convicted in the country or elsewhere, of an offence involving fraud or dishonesty  money laundering or drug trafficking;(b) the licence is cancelled in accordance with section 31 of the Act;(c) the enterprise becomes insolvent or goes into liquidation; or(d)  in the opinion of the Authority,  the licence was obtained  by fraud or misrepresentation  or non-disclosure of any material fact.(2) The Authority shall consider a representation or objection made by the operator of the food and beverage enterprise before the cancellation is made.