The Taxi Commission, upon receiving information giving it reasonable cause to believe that the holder of any license issued hereunder has violated any provision of this chapter or other law referred to in §
475-36 hereof or has been indicted or formally charged with or for any crime or offense or is guilty of having made a false statement or misrepresentation in his application, may forthwith temporarily suspend such license for a period of 21 days or until a hearing can be held by the Taxi Commission as provided in §
475-36, whichever is sooner.