46 Modification of conditions of licences

Licence modifications

46  Modification of conditions of licences

(1)     The Secretary of State may modify the conditions of a T&S company's licence (“the section 7 licence”) so that they include—

(a)     conditions relating to the recovery of amounts owed to the Secretary of State by the T&S company by virtue of, or otherwise relating to, financial assistance given by the Secretary of State while a T&S administration order is in force

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