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21.—(1) Where an application to renew a licence is made in accordance with section 20, the existing licence has effect until the date mentioned in subsection (2).
(2) That date is—
(a)if the application is granted, the date from which the renewed licence has effect (determined in accordance with section 19(1) or (4)(a));
(b)if the application is refused, the latest of the following dates—
(i)the last date on which the decision to refuse the application may be appealed in accordance with section 67(4);
(ii)if such an appeal is made, the date on which the appeal is finally determined;
(iii)the date on which the existing licence would cease to have effect if the application to renew it had not been made.
(3) This section is subject to the following provisions, which provide for the date on which a licence is to cease to have effect in certain circumstances—
(a)section 23 (revocation of licence);
(b)section 27 (surrender of licence);
(c)section 28 (change of ownership of property);
(d)section 29 (death of licence holder).
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