What happens if an Agent fails to return his license to FIBA after terminating his activities?

When an agent terminates their activities, it is important for them to return their license to FIBA. Failing to do so results in the cancellation of the license. This is because FIBA requires agents to maintain a current and valid status to ensure the integrity of the basketball community and representation.

When an agent is no longer actively engaged in their professional role, the return of the license helps FIBA manage and regulate who is authorized to represent athletes and handle player contracts. This process contributes to maintaining high standards within the sport and ensures that only qualified and active agents operate within the system.

The other options do not accurately describe the protocol followed by FIBA regarding agent licenses after termination; instead, they suggest scenarios (expiration, extension, or temporary suspension) that do not align with FIBA's handling of agent licenses.