PART 3Exceptions and licences

Trade licencesI1I217

1

The prohibitions in Chapter 2 of Part 2 (Trade) do not apply to anything done under the authority of a licence issued by the Secretary of State under this paragraph.

2

A licence under paragraph (1)—

a

must specify the acts authorised by it;

b

may be general or may authorise acts by a particular person or persons or a particular description;

c

may—

i

contain conditions;

ii

be of indefinite duration or a defined duration.

3

Where the Secretary of State issues a licence under paragraph (1), the Secretary of State may vary, revoke or suspend it at any time.

4

Where the Secretary of State issues, varies, revokes or suspends a licence under paragraph (1) which authorises acts by a particular person, the Secretary of State must give written notice to that person of the issue, variation, revocation or suspension of the licence.

5

Where the Secretary of State issues, varies, revokes or suspends a general licence or a licence which authorises acts by persons of a particular description under paragraph (1), the Secretary of State must take such steps as the Secretary of State considers appropriate to publicise the issue, variation, revocation or suspension of the licence.