44.3. The board may suspend or cancel a licence required under section 41 and, where applicable, confiscate the deposit of the holder in the following cases:
(1) where he is convicted of a penal or indictable offence related to the activities referred to in section 41;
(2) where, following an inquiry, the board has reasonable grounds to believe that he is not conducting the activities for which the licence was issued to him competently and honestly;
(3) where, following an inquiry, the board has reasonable grounds to believe that it is necessary to suspend or cancel his permit and, as the case may be, to confiscate his deposit to ensure, in the public interest, that combat sports are carried on competently and honestly and that their good reputation is maintained.
The board may also suspend or cancel a licence and, as the case may be, confiscate the deposit of the holder in the cases determined under paragraphs 5 and 5.1 of section 54.
1986, c. 50, s. 11; 1990, c. 4, s. 808.