Section 5:8-49.8 - Revocation or suspension of license; groundsAny license as approved rentor issued pursuant to this act may be revoked or suspended for such period as the commission deems in the public interest for any of the following offenses on the part of the licensee, its agent or employees, or any person required by this act to sign or be identified in an original application for a license:
(a) Any cause which would permit or require disqualification of the licensee from receiving a license upon original application;(b) Fraud, deceit or misrepresentation in securing the license or in the conduct of the licensed activity or in connection with any application submitted to, or any interview, hearing or proceeding conducted by, the commission.(c) Failure by the licensee to maintain a complete set of books and records containing a true and accurate account of the licensee's receipts and disbursements arising out of his activities;(d) Failure to keep said books and records available during business hours for inspection by the commission and its duly designated representatives until the expiration of the second calendar year following the calendar year during which occurred the transactions recorded therein;(e) Violation of any provisions of this act, the Bingo Licensing Law or the rules and regulations adopted by the commission.L.1957, c.57, p.106, s.7.