Section 29
Surrender of licence
of Malaysian Space Board Act 2022
ActIn forceProvision 29 of 73
Section 29
(2)
The surrender shall take effect on the date the Board receives the licence and the notice under subsection (1), or where a later date is specified in the notice, on that date.
(3)
The surrender of a licence under subsection (1) shall be irrevocable unless the Board by written notice to the licensee allows the surrender to be withdrawn before the effective date of the surrender of the licence.
(4)
The licensee shall—
(a)
take all such measures and provide all such assistance as may be required by the Board pursuant to the surrender of the licence; and
Act 834
(b)
forward the licence to the Board on the effective date of the surrender of the licence.