C4C3C5Part 5Operating Licences

Annotations:

Regulation

I1C1C4C2C3I2C6119C4C3Revocation

1

The Commission may revoke an operating licence if following a review under section 116(1) or (2) the Commission thinks that any of the conditions specified in section 120(1) applies.

2

The Commission may revoke an operating licence if it thinks that any of the conditions specified in section 120(2) applies.

3

The Commission shall revoke an operating licence if the licensee fails to pay the annual fee in accordance with section 100; but the Commission may disapply this subsection if it thinks that a failure to pay is attributable to administrative error.

F13A

The Commission must revoke an operating licence if directed to do so under paragraph 6 of Schedule 27 to the Finance Act 2014.

4

Where the Commission revokes an operating licence it—

a

shall specify the time when the revocation takes effect, and

b

may make saving or transitional provision (which may, in particular, provide for a licence to continue to have effect in relation to a gaming machine supplied, or another thing done, before the time when the revocation takes effect for other purposes).