41.—(1) In this regulation—
(a)references to an existing supply licence are to a licence under Article 10(2) of the 1992 Order which is in force immediately before the commencement date; and
(b)references to the commencement date are to the date on which regulation 6 comes into operation.
(2) An existing supply licence shall have effect on and after the commencement date—
(a)as a licence under Article 10(1)(c) of the 1992 Order (as amended by these Regulations); and
(b)with such incidental, consequential and supplementary modifications as appear to the Authority to be necessary or expedient.
(3) Modifications under paragraph (2)(b) may relate to—
(a)the terms of a licence; or
(b)the conditions of a licence.
(4) As soon as practicable after the commencement date, the Authority shall publish the text of each licence modified under this regulation.
(5) Before modifying any licence under paragraph (2)(b), the Authority shall consult the holder of the licence in such manner as it considers appropriate.
(6) Paragraph (5) may be satisfied by consultation before, as well as by consultation after, the commencement date.