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Modification of licence conditions of acquiring licensee
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28.—(1) The WSRA may modify the conditions of a licence under Chapter 1A of Part 2 of the 1991 Act() where it considers it necessary or expedient to do so in consequence of the transfer to the holder of that licence of part of a relevant undertaker’s undertaking under these Regulations.
(2) Where the WSRA modifies the conditions of a licence under this regulation, it may make such incidental or consequential modifications of other conditions of the licence as it considers necessary or expedient.
(3) Before making a modification under this regulation, the WSRA must consult—
(a)the person holding the licence, and
(b)such other persons as the WSRA thinks it appropriate to consult.
(4) The power of the WSRA under this regulation to modify the conditions of a licence may not be exercised after the end of the period of one year beginning with the exit date.
(5) Section 195A of the 1991 Act (reasons for decisions)() applies as if the modification of the conditions of a licence under this regulation were included in the list of decisions in subsection (1) of that section.
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