Electricity Regulation Act, 2006 (Act No. 4 of 2006)

Chapter III : Electricity Licences and Registration

Purchase

(1)	Any generation or transmission licence issued in terms of this Act is valid for a period of 15 years or such longer period as the Regulator may determine.

(2)	Any distribution or trading licence issued in terms of this Act is valid for the period determined by the Regulator.

(3)	A licensee may apply for the renewal of his or her licence.

(4)	An application for renewal must be granted, but the Regulator may set different licence conditions.

(5)	A licensee may not assign a licence to another party.

[Section 20, previously section 21, renumbered by section 16(b) of Act No. 28 of 2007]