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This is the original version (as it was originally enacted).
(1)A personal licence—
(a)has effect for an initial period of ten years beginning with the date on which it is granted, and
(b)may be renewed in accordance with this Part for further periods of ten years at a time.
(2)Subsection (1) is subject to subsections (3) and (4) and to—
(a)section 116 (surrender),
(b)section 119 (continuation of licence pending renewal), and
(c)paragraph 17 of Schedule 5 (continuation of licence pending disposal of appeal).
(3)A personal licence ceases to have effect when it is revoked under section 124 or forfeited under section 129.
(4)And a personal licence does not have effect during any period when it is suspended under section 129.
(5)Subsections (3) and (4) are subject to any court order under sections 129(4) or 130.
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