The Minister or his representative may cancel the security approval of the Company or suspend its activities at any time if it no more fulfils any of the conditions on the basis of which the approval was given, if it goes beyond its tasks as set out in the executive regulation hereof or if the approval was issued on the basis of inaccurate information. The Competent Authority shall be notified of such action in order to take actions as required to cancel the licence issued to the Company.