43. Rights and obligations attached to an individual licence

The grant of certain individual licences may be conditional on the registration of undertakings by a prospective licensee.

In granting individual licences, the Minister may declare specified benefits only for licensees who have current registered undertakings under this section.

The Minister may make regulations on the types of matters which may be included in an undertaking by a prospective licensee and the commensurate benefits for which the licensee shall be eligible in respect of such matters.

The regulations made by the Minister under section 16

A licence fee shall be payable by a licensee to the Commission under this section, subject to such terms as may be provided in the regulations made, and as required in the individual licence granted, under this Part.