Regulation 9 Holding companies and subsidiaries

In paragraph 2 of Schedule 4, for sub-paragraph (j) there shall be substituted–

“(j)

in section 67 after sub-section (4) there were added the following sub-sections—

“(4A)

If—

(a)

a company or other body corporate has a subsidiary which holds an operator’s licence, and

(b)

at the date on which the operator’s licence is due to expire proceedings are pending before the licensing authority on an application by the company or other body corporate in respect of that subsidiary in pursuance of regulations made under section 85 of this Act, for the grant of a licence to come into force when the licence held by the subsidiary ceases to be in force,

the existing licence held by the subsidiary shall continue in force until the date specified in subsection (4B).

(4B)

The date referred to in sub-sections (4A) is the date on which—

(a)

the application; and

(b)

any appeal under section 70 of this Act arising after the application, is disposed of.

(4C)

Sub-section (4A) is without prejudice to the exercise in the meantime of the powers conferred by section 69 of this Act.””