# Transport Act 2000, Section 5: Licences: general.

Extent: E+W+S+N.I.

(1) A licence may be granted to a company authorising it to provide air traffic services in respect of a managed area.
(2) A licence—
(a) may be granted in respect of air traffic services of one or more specified descriptions;
(b) may be granted in respect of one or more specified areas (any of which may consist of all or part of a managed area).
(3) A licence is not valid unless it is in writing.
(4) A licence is not valid unless it is granted to a company ... that is limited by shares.
(5) A licence continues in force for the period specified in it or determined by or under it, unless it previously ceases to have effect in accordance with its provisions.
(6) A licence may not be transferred.

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Source: https://www.legislation.gov.uk/ukpga/2000/38/section/5 (the official version)
Page: https://openlegislation.uk/transport-act-2000/section-5
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.