4BSEffect of cancellation etc of passenger terminal licence on sub‑licences

#### 4BS Effect of cancellation etc of passenger terminal licence on sub‑licences (1) On the cancellation of a passenger terminal licence under regulation 4AX: (a) each sub‑licence granted under the licence and in force immediately before the cancellation ceases to be in force; and (b) each sub‑licensee is taken to be the holder of a general licence, subject to this Part, on the same terms, and subject to the same conditions, as the sub‑licence. (2) On the suspension of a passenger terminal licence under regulation 4AX: (a) each sub‑licence granted under the licence and in force immediately before the suspension ceases to be in force for the period of the suspension; and (b) each sub‑licensee is taken to be the holder of a general licence for that period, subject to this Part, on the same terms, and subject to the same conditions, as the sub‑licence. (3) On the surrender of a passenger terminal licence under regulation 4AY: (a) each sub‑licence granted under the licence and in force immediately before the surrender ceases to be in force; and (b) each sub‑licensee is taken to be the holder of a general licence, subject to this Part, on the same terms, and subject to the same conditions, as the sub‑licence for a period of 90 days commencing on the day on which the surrender takes effect (the surrender day). (4) However, if within a period of 60 days commencing on the surrender day the sub‑licensee applies under this Part for a general licence to replace the sub‑licence, the sub‑licensee is taken to be the holder of a general licence, subject to this Part, on the same terms, and subject to the same conditions, as the sub‑licence until the application for a general licence is finally determined.