(1) A pipeline licence comes into force:
(a) on the day on which the pipeline licence is granted; or
(b) if a later day is specified in the pipeline licence as being the day on which the pipeline licence is to come into force--on that later day.
(2) A pipeline licence remains in force indefinitely.
(3) Subsection (2) has effect subject to this Chapter.
Note 1: For the surrender of a pipeline licence, see Part 2.12.
Note 2: For the cancellation of a pipeline licence, see Part 2.13.
Note 3: For the termination of a pipeline licence if there have been no operations for 5 years, see section 215.