(1)  The Commissioner must cancel a firearms dealer licence if the Commissioner is satisfied that –

(a) the licensee does not have primary responsibility for the management of the business carried on under the licence (in this section referred to as "the firearms business" ); or

(b) the licensee has a close associate who is not a fit and proper person to be a close associate of a firearms dealer.

(2)  In deciding whether a person is a fit and proper person to be a close associate of a firearms dealer, the Commissioner may, as regards that person, take into account any of the matters that are to be taken into account under section 29(2) in respect of an applicant for a licence.