Transfer of licencesE+W+S
4(1)A scheme under this Schedule may provide for a licence held by the existing appointee to have effect as if it had been granted to the new appointee.E+W+S
(2)Different schemes under this Schedule may provide for a licence held by the same existing appointee to have effect as if it had been granted as a separate licence to each of the new appointees under those schemes.
[F1(3)Sub-paragraphs (1) and (2) have effect in relation to a [F2railway undertaking] licence as they have effect in relation to a licence.]
Textual Amendments
F1Sch. 7 para. 4(3) added (28.11.2005) by The Railway (Licensing of Railway Undertakings) Regulations 2005 (S.I. 2005/3050), reg. 3, Sch. 1 para. 3(10)(b)
F2Words in Sch. 7 para. 4(3) substituted (31.12.2020) by The Railway (Licensing of Railway Undertakings) (Amendment etc.) (EU Exit) Regulations 2019 (S.I. 2019/700), regs. 1(2), 22(8)(b); 2020 c. 1, Sch. 5 para. 1(1)