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Gas Act, 2001 (Act No. 48 of 2001)

Chapter III : Gas Licences and Registration

23. Term of licence

 

(1) Any licence issued in terms of this Act is valid for a period of 25 years or such longer period as the Gas Regulator may determine.

 

(2) A licensee may apply to have his or her licence renewed.

 

(3) An application for renewal must be granted, but the Gas Regulator may set new or different licence conditions.

 

(4) A licensee may not assign its licence to another party.