sec.14AContinuation of restricted licence

### sec.14A Continuation of restricted licence Subsection (2) applies if— a person who is the holder of a restricted licence applies under section 10 for the grant of an unrestricted licence for carrying out the same type of security provider functions as the person is authorised to carry out under the restricted licence; and the chief executive has not, before the restricted licence ends, decided whether to grant the unrestricted licence. The restricted licence is taken to continue in force until the day— the chief executive grants, or refuses to grant, the unrestricted licence; or the person withdraws the application for the unrestricted licence. If the chief executive grants the unrestricted licence to the person, the restricted licence is cancelled on the day the unrestricted licence is granted. s 14A ins 2007 No. 15 s 20 (sec.14A-ssec.1) Subsection (2) applies if— a person who is the holder of a restricted licence applies under section 10 for the grant of an unrestricted licence for carrying out the same type of security provider functions as the person is authorised to carry out under the restricted licence; and the chief executive has not, before the restricted licence ends, decided whether to grant the unrestricted licence. (sec.14A-ssec.2) The restricted licence is taken to continue in force until the day— the chief executive grants, or refuses to grant, the unrestricted licence; or the person withdraws the application for the unrestricted licence. (sec.14A-ssec.3) If the chief executive grants the unrestricted licence to the person, the restricted licence is cancelled on the day the unrestricted licence is granted. - (a) a person who is the holder of a restricted licence applies under section 10 for the grant of an unrestricted licence for carrying out the same type of security provider functions as the person is authorised to carry out under the restricted licence; and - (b) the chief executive has not, before the restricted licence ends, decided whether to grant the unrestricted licence. - (a) the chief executive grants, or refuses to grant, the unrestricted licence; or - (b) the person withdraws the application for the unrestricted licence.