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13.—(1) The Commissioners may cancel the registration of an operator or high value dealer if, at any time after registration, it appears to them that they would have had grounds to refuse registration under paragraph (1) of regulation 12 (determination of application to register).
(2) Where the Commissioners decide to cancel the registration of an operator or high value dealer, they must forthwith inform him, in writing, of—
(a)their decision and the date from which the cancellation takes effect;
(b)the reasons for their decision;
(c)the review procedure; and
(d)the right to appeal to a tribunal.
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