Gas Act, 2001 (Act No. 48 of 2001)Chapter III : Gas Licences and Registration23. 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. |