Part III Licensing of Credit and Hire Businesses

Licensing principles

23 Authorisation of specific activities.

(1)

Subject to this section , a licence to carry on a business covers all lawful activities done in the course of that business, whether by the licensee or other persons on his behalf.

(2)

A licence may limit the activities it covers, whether by authorising the licensee to enter into certain types of agreement only, or in any other way.

(3)

A licence covers the canvassing off trade premises of debtor-creditor-supplier agreements or regulated consumer hire agreements only if, and to the extent that, the licence specifically so provides; and such provision shall not be included in a group licence.

(4)

F1The OFT may by general notice specify other activities which, if engaged in by or on behalf of the person carrying on a business, require to be covered by an express term in his licence.