Section 46
Revocation of export permit
The Authority may, at any time, revoke an export permit issued if it is satisfied that—
(a)
the permit holder has contravened any provision of this Act or any regulations made under this Act;
(b)
the permit holder has breached any condition of the permit;
(c)
the export permit was issued as a result of false, misleading or inaccurate information;
(d)
the permit holder had improperly or illegally obtained the permit; or
(e)
the permit holder has been convicted of an offence under this Act or any regulations made under this Act.
(2)
Upon the Authority notifying the permit holder of the revocation of its export permit, the permit holder shall immediately surrender the export permit.
(3)
Any permit holder who contravenes subsection (2) commits an offence and shall, on conviction, be liable to a fine not exceeding fifty thousand ringgit or to imprisonment for a term not exceeding six months or to both.
(4)
A permit holder whose export permit is revoked shall not be entitled to any compensation for any loss caused to him by the revocation of the export permit.
34 Laws of Malaysia ACT 737