26When licence ceases to have effect

26 When licence ceases to have effect

(1)  A licence ceases to have effect –

(a) at the end of the period for which it has effect under section 20 ; or

(b) [Section 26 Subsection (1) amended by No. 67 of 2005, s. 14, Applied:15 Dec 2005] if the licence is surrendered, when that surrender takes effect under section 27 ; or

(c) if it is cancelled, on the day specified in the notice of cancellation provided to the holder of the licence under section 25(7) .

(2)  If a licence is suspended, the licence has no effect during the period of suspension.