Managing agent solemnly swears that each statement above is true and that if any statement herein is false, the permit issued pursuant thereto may be revoked by the Beer Board upon notice and hearing, in which the burden shall be on the permittee to prove the correctness of all statements of this affidavit. Managing agent further swears that he or she has been advised that he or she is also subject to all applicable provisions of the Tennessee Code Annotated.