(a)      Subject to the hearing provisions of § 2-412 of this subtitle, the Board, on the affirmative vote of a majority of its members, may deny a permit to any applicant, reprimand a permit holder, or suspend or revoke a permit:

            (1)      for any applicable ground under § 2-315 of this title;

            (2)      if the applicant or permit holder fraudulently or deceptively obtains or attempts to obtain a permit;

            (3)      if the applicant or permit holder fraudulently or deceptively uses a permit;

            (4)      if the applicant or permit holder fails to meet or continue to meet the qualifications or requirements set forth under § 2-402 or § 2-403 of this subtitle; or

            (5)      if the applicant or permit holder has a partner, member, or corporate officer whose license has been suspended or revoked by the Board.

      (b)      On suspension or revocation of a permit, the holder shall surrender to the Board the permit certificate of the holder.

      (c)      At the end of a suspension period, the Board shall return to the permit holder the permit certificate surrendered under this section.