(1) Any licence granted by the Commission may contain such reasonable conditions it considers necessary.
(2) Conditions may be of general or special application and may make different provision for different cases or classes of cases.
(3) In the case of a condition of special application to a particular licence the condition shall be for a specified period of time.
(4) The Commission may, by written notice served on the holder of the licence, amend or cancel any of the conditions or attach new conditions provided that, in the case of proposed new conditions, the Commission shall not impose them without first giving the licensee an opportunity of being heard.
(5) A person to whom a licence is granted shall not, when conducting business for which a licence is required, use a name other than the name specified in the licence.