(a) Whenever, following the issuance of a firearms license hereunder, it shall appear to the satisfaction of the Commissioner
(1) that such license was issued based on a false report of facts, or on concealment of facts on the part of the applicant; or
(2) that the licensee was not in fact entitled to such license pursuant to the provisions of this chapter; or
(3) that the licensee commits any act in violation of the terms of the license, or of any provisions of this chapter warranting the cancellation of the license
— the said Commissioner may after due notice and hearing cancel the license so issued; Provided, however, That pending such hearing the licensee shall surrender to said Commissioner or the peace officer representing him the firearm acquired and possessed by virtue of said license.(b) If the Commissioner has a reasonable belief that a licensee no longer meets the criteria specified in this chapter or that the licensee presents a danger to the community, the Commissioner shall suspend the firearm license until such time as the matter is resolved and the Commissioner determines that the licensee is eligible to possess a license.
(c) Not later than 14 days after the Commissioner has cancelled or suspended a license, the Commissioner shall provide a written explanation either by certified mailed or hand-deliver to a person whose license has been cancelled or suspended.