Suspension or cancellation of sub-license, penalty
48Where, in the opinion of the Minister, a sub-licensee is in default of a provision of this Act, of the regulations or of the sub-license, or has not manufactured secondary wood products in a wood processing facility owned or operated by the sub-licensee for a period in excess of twelve consecutive months, the Minister may
(a)
impose a penalty against the sub-licensee as authorized by regulation,
(b)
suspend the sub-license for any period, subject to such terms and conditions as he may impose, or
(c)
with the approval of the Lieutenant-Governor in Council, cancel the sub-license.