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

Chapter III : Electricity Licences and Registration

17. Revocation of licence on application
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(1) The Regulator may revoke a licence on the application of a licensee if—
(a) the licensed facility or activity is no longer required;
(b) the licensed facility or activity is not economically viable;
(c) another person is willing and demonstrably able to assume the rights and obligations of that licensee in accordance with the requirements and objectives of this Act, and a new licence is issued to such a person; or
(d) conditions of a licence are not met.

 

(2) A licensee must, in the circumstances contemplated in subsection (1)(a) and (b), give the Regulator at least 12 months' notice in writing of his or her intention to cease activities, unless the Regulator determines otherwise.

 

(3) The Minister must prescribe the form and procedure to be followed in revoking a licence.

 

[Section 17, previously section 18, renumbered by section 16(b) of Act No. 28 of 2007]