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Regulation 29A Trade licencesF1

(1)

The prohibitions in Part 4 (Trade) do not apply to anything done under the authority of a licence issued by the Secretary of State under this regulation.

(2)

A licence must specify the acts authorised by it.

(3)

A licence may be general or may authorise acts by a particular person or persons of a particular description.

(4)

A licence may—

(a)

contain conditions;

(b)

be of indefinite duration or a defined duration.

(5)

A person who issues a licence may vary, revoke or suspend it at any time.

(6)

A person who issues, varies, revokes or suspends a licence which authorises acts by a particular person must give written notice to that person of the issue, variation, revocation or suspension of the licence.

(7)

A person who issues, varies, revokes or suspends a general licence or a licence which authorises acts by persons of a particular description must take such steps as that person considers appropriate to publicise the issue, variation, revocation or suspension of the licence.

Annotations

Textual amendments

F1

Reg. 29A inserted (28.12.2023) by The Haiti (Sanctions) (Amendment) Regulations 2023 (S.I. 2023/1320), regs. 1(2), 11