(1)  With the approval of the Secretary, a permit holder may surrender the permit.

(2)  The Secretary is to notify the permit holder, in writing, of his or her approval to the surrender of the permit.

(3)  The approval of the Secretary is subject to any conditions specified in the notice under subsection (2) .

(4)  A surrender of a permit takes effect on the day the notice under subsection (2) is received by the permit holder or a later day specified in the notice.

(5)  A notice under subsection (2) may specify the day on which the surrender of the permit takes effect by reference to –

(a) a time or a date; or

(b) the fulfilling of a condition; or

(c) the happening of an event; or

(d) any other thing the Secretary considers appropriate.