(1)A licence may be transferred with the written consent of the Secretary of State and in such other cases as may be prescribed.
(2)The Secretary of State may revoke, vary or suspend a licence with the consent of the licensee or where it appears to him—
(a)that a condition of the licence or a provision of regulations made under section 6 below has not been complied with; or
(b)that the revocation, variation or suspension is required to secure compliance with any international obligation of the United Kingdom.
(3)The suspension, revocation, termination or expiry of a licence shall not affect the obligations of the licensee under the conditions of the licence.