(a) This section applies, according
to the provisions thereof, to the exercise of a power or authority.
(b) A sanction may not be imposed or a substantive
rule or order issued except within jurisdiction delegated to the agency
and as authorized by law.
(c) When application
is made for a license required by law, the agency, with due regard
for the rights and privileges of all the interested parties or adversely
affected persons and within a reasonable time, shall set and complete
proceedings required to be conducted in accordance with sections 556
and 557 of this title or other proceedings required by law and shall
make its decision. Except in cases of willfulness or those in which
public health, interest, or safety requires otherwise, the withdrawal,
suspension, revocation, or annulment of a license is lawful only if,
before the institution of agency proceedings therefor, the licensee
has been given—
(1) notice by the agency in writing of
the facts or conduct which may warrant the action; and
(2) opportunity to demonstrate
or achieve compliance with all lawful requirements. When the licensee
has made timely and sufficient application for a renewal or a new
license in accordance with agency rules, a license with reference
to an activity of a continuing nature does not expire until the application
has been finally determined by the agency.
[5 USC 558.]
