7Power to grant licencesU.K.
This section has no associated Explanatory Notes
(1)The economic regulator may grant a licence authorising a person to carry on—
(a)activities falling within section 2(2)(a);
(b)activities falling within section 2(2)(b).
(2)A licence—
(a)must be in writing;
(b)is to continue in force for such period as may be specified in or determined by or under the licence, unless previously revoked in accordance with any term of the licence.
Commencement Information
I1S. 7 in force at 26.12.2023, see s. 334(3)(a)