OpenLegislation

Paragraph 5 Right of Licensee to terminate LicenceI1

United Kingdom

Changes not yet applied. Later legislation changes this provision in ways not yet written into the text below:

(1)

The Licensee may at any time by giving to the Minister not less than one month’s notice in writing to that effect terminate this licence; but such termination does not affect any obligation imposed upon, or liability incurred by, the Licensee under the terms and conditions of this Licence.

(2)

Where two or more persons are the Licensee, one of those persons may at any time by giving to the Minister not less than one month’s notice in writing to that effect terminate this licence in so far as it applies to that person, and in that case—

(a)

the authorisation granted to the person under this licence ceases, but this does not affect any obligation imposed upon, or liability incurred by, that person under the terms and conditions of this Licence; and

(b)

the Licence continues to have effect in respect of the other person who constitutes, or persons who together constitute, the Licensee and in relation to whom it is not terminated.

Annotations

Commencement

I1

Sch. para. 5 in force at 13.11.2009, see reg. 1(1)