Electricity Regulation Act, 2006 (Act No. 4 of 2006)Chapter III : Electricity Licences and Registration20. Renewal of licence |
| (1) | Any generation, transmission or system operation licence issued in terms of this Act is valid for a period of 20 years or such lesser period as the Regulator may determine. |
| (2) | Any distribution, trading, import or export, market operation or system operation licence issued in terms of this Act is valid for the period determined by the Regulator. |
| (4) | The Regulator may set different licence conditions upon renewal of a licence subject to the provisions of this section.. |
| (5) | A licensee may not assign, cede or transfer a licence to another party without the written consent of the Regulator. |
[Section 20 substituted by section 19 of the Electricity Regulation Amendment Act, 2024, Notice No. 5139, GG51100, dated 20 August 2024 - effective 1 January 2025 per Proclamation Notice 236 of 18 December 2024 with exceptions]