Singapore legislation
Regulation 5
Regulation 5
Cancellation of licence
Subregulation 1
The Postal Authority may cancel a class licence where the licensee —
gives notice to the Postal Authority in such form and manner as the Postal Authority may determine that he has ceased to be an operator;
has ceased to carry on any business or trade as an operator and his registration, if any, of the business under the Business Registration Act (Cap. 32) is cancelled; or
being a company incorporated under the Companies Act (Cap. 50) or a limited liability partnership registered under the Limited Liability Partnerships Act 2005 (Act 5 of 2005), has gone into liquidation other than for the purpose of amalgamation or reconstruction.
Subregulation 2
A licensee whose licence has been cancelled by the Postal Authority, or terminated at his own request, shall not be entitled to any compensation from or refund of fees by the Postal Authority.
Subregulation 3
A cancellation of a class licence of a person shall not operate so as to prevent such person from subsequently being deemed a holder of such a licence in accordance with these Regulations.