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Exact(17)
Existing licences already exist for parts of Herefordshire, Dorset, Cornwall, Devon and another area of Gloucestershire until 2018 and 2019.
A two-year freeze on approvals for new and existing licences.
Existing licences will lapse on 31 March 2014 and FCA interim permissions will begin from 1 April 2014.
In 2004 mineral rights were transferred from private to state hands, and firms must convert their existing licences into new ones.
Charles Livingstone, a pokies gambling expert at Monash University, welcomed the policy, though he said overturning the existing licences would likely see operators take legal action.
Over the past 12 months a handful of larger companies, including Centrica, Total and GDF Suez, have joined smaller independents such as Cuadrilla, Celtique Energie and IGas Energy in taking a stake in various existing licences with shale potential.
Similar(43)
As such the existing licence agreement between us has been terminated with immediate effect".
But the law dictates that if the licence holder reapplies for a new licence, the existing licence continues in force until the application has been processed or withdrawn.
Reviewing every existing licence would be a start: do you really need the state's permission to be an interior designer or a hairdresser?
The rationale for the move was for SAIC to gain rights to proprietory data on engine and car making denied it under existing licencing arrangements with Volkswagen and General Motors.
From 1 October, anyone from a non-English-speaking country who applies for a private hire driver licence or to renew an existing licence in London will have to prove that they have passed an exam in English.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com