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Version Superseded: 29/12/2003
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(1)A licence may include—
(a)such conditions as appear to the Commission to be appropriate having regard to any duties which are or may be imposed on them, or on the licence holder, by or under this Act;
(b)conditions requiring the payment by the licence holder to the Commission (whether on the grant of the licence or at such times thereafter as may be determined by or under the licence, or both) of a fee or fees of an amount or amounts so determined;
(c)conditions requiring the licence holder to provide the Commission, in such manner and at such times as they may reasonably require, with such information as they may require for the purpose of exercising the functions assigned to them by or under this Act;
(d)conditions providing for such incidental and supplemental matters as appear to the Commission to be appropriate.
(2)A licence may in particular include conditions requiring the licence holder—
(a)to comply with any direction given by the Commission as to such matters as are specified in the licence or are of a description so specified; or
(b)(except to the extent that the Commission consent to his doing or not doing them) not to do or to do such things as are specified in the licence or are of a description so specified.
(3)The fees required to be paid to the Commission by virtue of subsection (1)(b) shall be in accordance with such tariff as may from time to time be fixed by the Commission; and the amount of any fee which is to be so paid by the holder of a licence of a particular class or description shall be such as to represent what appears to the Commission to be the appropriate contribution of the holder of such a licence towards meeting the sums which the Commission regard as necessary in order to discharge their duty under paragraph 12(1) of Schedule 1 to this Act.
(4)A tariff fixed under subsection (3) may specify different fees in relation to different cases or circumstances; and the Commission shall publish every such tariff in such manner as they consider appropriate.
(5)Where the holder of any licence—
(a)is required by virtue of any condition imposed under this Part to provide the Commission with any information, and
(b)in purported compliance with that condition provides them with information which is false in a material particular,
he shall be taken for the purposes of sections 41 and 42 to have failed to comply with that condition.
(6)Nothing in this Act which authorises or requires the inclusion in a licence of conditions relating to any particular matter or having effect for any particular purpose shall be taken as derogating from the generality of subsection (1).
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