A. 
Any license issued hereunder may be suspended for a period of not more than three months or revoked by the Taxi Commission if it shall be determined, based upon a preponderance of the evidence, that the holder has violated any provision of this chapter, any chapter of the Village Code or any traffic law, local law, ordinance or regulation of the State of New York or is guilty of making a false statement or misrepresentation in his application.
B. 
No license shall be either suspended or revoked hereunder without a hearing thereon before the Taxi Commission held not less than 10 days after written notice thereof shall have been given to the licensee either in person or by certified mail.
C. 
Except for good cause shown, an owner shall be subject to revocation of a taxicab medallion if:
(1) 
A taxicab has not been operated for 60 consecutive days; or
(2) 
After sale or disposal of a taxicab, he has failed to replace the vehicle within 60 days from the date of sale or disposal.
D. 
Upon evidence satisfactory to the Taxi Commission that an emergency exists, such as the death, resignation or illness of a taxicab, limousine, private livery car or private livery van driver, the Taxi Commission is authorized to issue a thirty-day temporary driver's license to the applicant therefor, provided that such applicant complies with all the terms and conditions of §§ 475-27 and 475-28 hereof.
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.