(1)The Director General may vary any condition in a licence granted under section 5 or 6 if the licensee consents.
(2)Subject to subsection (3), the Director General may vary any condition in such a licence without the licensee’s consent if the licensee has been given a reasonable opportunity of making representations to the Director General about the variation.
(3)Subsection (2) does not apply—
(a)where the variation would result in a condition requiring the licensee to transfer any property or rights, or
(b)in the case of a licence granted under section 5, in relation to a condition that the licence provides may only be varied with the consent of the licensee.
(4)Where the Director General varies a condition in a licence under subsection (2)—
(a)he shall serve a notice on the licensee informing the licensee of the variation, and
(b)the variation shall take effect at the end of such period as may be specified in the notice.
(5)The period specified in the notice shall be a period of at least twenty-one days beginning with the date of the notice.
(6)The Director General’s power to vary a condition in a licence under subsection (1) or (2) includes power to add a condition to the licence or omit a condition from it (and references in this section to the variation of a condition are to be read accordingly).