OpenLegislation

Section 7 Power to grant licencesI1

United Kingdom

(1)

The economic regulator may grant a licence authorising a person to carry on—

(a)

activities falling within section 2(2)(a);

(b)

activities falling within section 2(2)(b).

(2)

A licence—

(a)

must be in writing;

(b)

is to continue in force for such period as may be specified in or determined by or under the licence, unless previously revoked in accordance with any term of the licence.

Annotations

Commencement

I1

S. 7 in force at 26.12.2023, see s. 334(3)(a)