52—Renewal of licence without application or on late application
(1) If, on the expiry
of a licence under this Act, the licensee continues to exercise rights under
the licence as if the licence were still in force, the Minister may, of his or
her own initiative and without application by the licensee, renew the licence
for a term of 12 months or for such other term as the Minister, by
written notice, advises the licensee (and the conditions fixed by the Minister
in relation to the renewed licence, including any conditions relating to
licence fees, apply to the licensee as if the renewal had been made on the
application of the licensee).
(2) The Minister may
renew a licence on a late application despite the fact that the licence has
expired.
(3) A licence renewed
under this section has effect from the end of the term for which the licence
was previously granted or renewed.