| (b) |
the surrender of an individual licence under section 12 has taken effect; or |
| (c) |
an individual licence has expired, |
the licensee must immediately cease to provide any service in respect of which the licence was granted, unless such suspension or cancellation is stayed or an equivalent order of a court of competent jurisdiction is granted.
| (2) |
Despite subsection (1), the Authority may authorise the licensee, in writing, to continue providing any service or any part thereof in respect of which the licence was granted, for such duration as the Authority may specify in the authorisation, for the purpose of winding up the licensee’s affairs and protecting subscribers to such services. |
| (3) |
Despite subsection (1) and subject to section 11, a licensee, whose individual licence has expired, is entitled to continue providing a service as if the licence has not expired upon proof being submitted to the Authority that— |
| (a) |
the licensee has applied for the renewal of the licence in accordance with section 11; and |
| (b) |
such application is pending determination by the Authority. |
Broad-Based Black Economic Empowerment Act, 2003
