(1) A gaming operator may be granted, and may hold, a hotel venue operator's licence.
(2) However, a hotel venue operator's licence granted to a gaming operator does not take effect until—
(a) in the case of a hotel venue operator's licence granted to a gaming operator that holds a gaming operator's licence—the day after the gaming operator's licence expires;
(b) in the case of a hotel venue operator's licence granted to a gaming operator that holds a gaming licence—the day after the gaming licence expires.