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15.—(1) Regulation 13 does not apply to trading activity undertaken in accordance with an authorisation granted by the Authority(1).
(2) Subject to these Regulations, the Authority has an absolute discretion in respect of each application for authorisation.
(3) The Authority must have regard to the provisions of the Host City Contract before granting an authorisation under this regulation.
(4) An authorisation granted under this regulation is subject to the condition that any person who engages in trading activity in reliance on the authorisation must hold any licence which, in addition to authorisation under this regulation, is required before the person may engage in trading activity (whether in a particular place or generally).
(5) In this regulation “Authority” (“Awdurdod”) means—
(a)the Olympic Delivery Authority, or
(b)a person to whom the function of granting authorisations for the purpose of this regulation is delegated by the Olympic Delivery Authority.
Under section 25(7) of the Act, an authorisation granted by the Authority may be subject to terms and conditions.
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