7. (1) Subject to this section, any approval given under section 6 may be suspended or revoked by the Minister where, (a) any director, officer or employee of the approved corporation has contravened or knowingly permitted any person under the control and direction of the director, officer or employee, as the case may be, to contravene any provision of this Act or the regulations; or (b) the approval would be refused if application were being made for it in the first instance.  R.S.O. 1990, c. D.2, s. 7 (1). Notice of proposal to suspend or revoke (2) Subject to subsection (10), where the Minister proposes to suspend or revoke an approval of a corporation given under this Act, the Minister shall, except where the approval is suspended or revoked with the consent of the approved corporation, serve notice of the Minister’s proposal to suspend or revoke the approval, together with written reasons therefor, on the approved corporation.  R.S.O. 1990, c. D.2, s. 7 (2). Notice requiring hearing (3) A notice under subsection (2) shall inform the approved corporation that it is entitled to a hearing under this section if the corporation mails or delivers, within fifteen days after the notice under subsection (2) is served on it, notice in writing, to the Minister requiring a hearing and the corporation may so require a hearing.  R.S.O. 1990, c. D.2, s. 7 (3). Powers of Minister where no hearing (4) Where the approved corporation does not require a hearing under this section in accordance with subsection (5), the Minister may carry out the proposal stated in the Minister’s notice under subsection (2) without a hearing.  R.S.O. 1990, c. D.2, s. 7 (4). Hearing (5) Where the approved corporation requires a hearing under subsection (3), the Minister shall cause a hearing to be held to determine whether the approval should be suspended or revoked.  R.S.O. 1990, c. D.2, s. 7 (5). Idem (6) Where the Minister causes a hearing to be held, the hearing shall be held by a person or persons appointed by the Minister other than a person or persons in the employment of the Ministry.  R.S.O. 1990, c. D.2, s. 7 (6). Application of Statutory Powers Procedure Act (7) Sections 4 to 16 and 21 to 24 of the Statutory Powers Procedure Act apply with respect to a hearing under this section.  R.S.O. 1990, c. D.2, s. 7 (7). Report to Minister (8) The person or persons holding a hearing under this section shall, at the conclusion of the hearing, make a report to the Minister setting out, (a) the findings of fact and any information or knowledge used by the person or persons in making any recommendations, any conclusions of law arrived at relevant to the recommendations; and (b) the recommendations of the person or persons as to the suspension or revocation of the approval, and shall send a copy of the report to the persons affected by the report.  R.S.O. 1990, c. D.2, s. 7 (8). Decision of Minister (9) After considering a report made under this section, the Minister may suspend or revoke the approval to which the report relates and shall give notice of the Minister’s decision to the persons affected, specifying the reasons therefor.  R.S.O. 1990, c. D.2, s. 7 (9). Provisional suspension of approval (10) Despite this section, the Minister, by notice to the persons affected and without a hearing, may provisionally suspend an approval given under this Act where the continuation of operations in accordance with the approval is, in the Minister’s opinion, an immediate threat to the public interest and the Minister so states in such notice giving reasons therefor, and thereafter the Minister shall cause a hearing to be held and subsections (2) to (9) apply.  R.S.O. 1990, c. D.2, s. 7 (10).