The Board shall give written notice to the Chief Immigration Officer where —
(a) a licence issued under the former Act or an alien landholding licence of an alien investor is revoked;
(b) in the case of a dependant, that person is no longer a dependant of an alien investor;
I in the case of a trustee, that person is no longer a trustee of an alien investor;
(d) in the case of a director, shareholder or beneficial owner of a company, that person is no longer a director, shareholder or beneficial owner of the company.