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(1)The Commission may revoke an operating licence if following a review under section 116(1) or (2) the Commission thinks that any of the conditions specified in section 120(1) applies.
(2)The Commission may revoke an operating licence if it thinks that any of the conditions specified in section 120(2) applies.
(3)The Commission shall revoke an operating licence if the licensee fails to pay the annual fee in accordance with section 100; but the Commission may disapply this subsection if it thinks that a failure to pay is attributable to administrative error.
(4)Where the Commission revokes an operating licence it—
(a)shall specify the time when the revocation takes effect, and
(b)may make saving or transitional provision (which may, in particular, provide for a licence to continue to have effect in relation to a gaming machine supplied, or another thing done, before the time when the revocation takes effect for other purposes).
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