The standard ACE framework provides authentication and authorization mechanisms similar to those of the standard OAuth 2.0 framework, but it is intended for use in Internet-of-Things environments. In particular, ACE relies on OAuth 2.0, CoAP, CBOR, and COSE as its core building blocks. In ACE, a non-constrained entity called Authorization Server issues Access Tokens to Clients according to some access control and policy evaluation mechanism. An Access Token is then consumed by a Resource Server, which verifies the Access Token and lets the Client accordingly access a protected resource it hosts. Access Tokens have a validity which is limited over time, but they can also be revoked by the Authorization Server before they expire. In this work, we propose the Usage Control framework as an underlying access control means for the ACE Authorization Server, and we assess its performance in terms of time required to issue and revoke Access Tokens. Moreover, we implement and evaluate a method relying on the Observe extension for CoAP, which allows to notify Clients and Resource Servers about revoked Access Tokens. Through results obtained in a real testbed, we show how this method reduces the duration of illegitimate access to protected resources following the revocation of an Access Token, as well as the time spent by Clients and Resource Servers to learn about their Access Tokens being revoked.