National Ports Act, 2005 (Act No. 12 of 2005)Chapter 6 : Provision of Port Services and Port Facilities and Use of Land58. Conditions of licence |
(1) | A licence issued under section 57 must set out— |
(a) | the duration of the licence; |
(b) | the types of services or facilities to be provided by the licensed operator; |
(c) | the annual licence fee payable by the licensed operator; |
(d) | the duties and obligations of the licensed operator in respect of the services or facilities provided by it; and |
(e) | such other terms and conditions as may be necessary. |
(2) | The terms and conditions of a licence may— |
(a) | control and restrict, directly or indirectly, the creation, holding or disposal of shares in the licensed operator or its shareholders or interests in the undertaking of the licensed operator; |
(b) | strict the carrying on by the licensed operator of any trade or business which is not related to the activity authorised in the licence; |
(c) | provide for the modification of the licence; |
(d) | provide for the determination of performance standards; and |
(e) | provide for the control and, if necessary, the reasonable fixing of prices to be charged by a licensed operator. |