Part I Air traffic

Chapter I Air traffic services

Restrictions

5 Licences: general.

(1)

A licence may be granted to a company authorising it to provide air traffic services in respect of a managed area.

(2)

A licence—

(a)

may be granted in respect of air traffic services of one or more specified descriptions;

(b)

may be granted in respect of one or more specified areas (any of which may consist of all or part of a managed area).

(3)

A licence is not valid unless it is in writing.

(4)

A licence is not valid unless it is granted to F1a company F2... that is limited by shares.

(5)

A licence continues in force for the period specified in it or determined by or under it, unless it previously ceases to have effect in accordance with its provisions.

(6)

A licence may not be transferred.