The Secretary may revoke a permit issued or renewed at any time on a finding that a permit holder: No longer satisfies the qualifications set forth in Regulation .05 of this chapter; Made false statements or false representation in a renewal application; Altered or forged a permit to use, purchase, or possess protective body armor; Sold, rented, or otherwise transferred a protective body armor permit to another person; Violated any of the permit restrictions imposed by the Secretary as provided by Criminal Law Article, §4-107, Annotated Code of Maryland; or Failed to notify the Secretary, within 10 days, of any change in address, or if the applicant's permit was issued in conjunction with employment purposes, a change in employment status.