(1) The administering agency for regulated waters may amend, suspend, or cancel an approval holder's approval on any of the following grounds—
(a) the approval was issued or renewed because of information that is false or misleading;
(b) it is necessary for public safety;
(c) the effective management of a waterway;
(d) the person contravenes a relevant law, including a condition of the approval.
(2) In this section—
relevant law means any of the following—
(a) the Act, chapter 15, part 2;
(b) the Transport Operations (Marine Pollution) Act 1995;
(c) the Transport Operations (Marine Safety) Act 1994.