5. When holder of Dealer’s Individual Licence is holder of Dealer’s Class Licence
Feedback & supportLast amended by an amending law of 2005.
The holder of a Dealer’s Individual Licence who manufactures, imports, lets for hire, sells, or offers or possesses for sale any registered equipment or telecommunication equipment set out in the First Schedule at premises other than those in respect of which he has obtained a Dealer’s Individual Licence shall be deemed to have been granted a Dealer’s Class Licence in respect of those other premises.
The holder of a Dealer’s Individual Licence who manufactures, imports, lets for hire, sells, or offers or possesses for sale any registered equipment or telecommunication equipment set out in the First Schedule at the premises in respect of which he has obtained a Dealer’s Individual Licence shall not be deemed to be a holder of a Dealer’s Class Licence for such purpose in respect of those premises.
Subregulation 1
The holder of a Dealer’s Individual Licence who manufactures, imports, lets for hire, sells, or offers or possesses for sale any registered equipment or telecommunication equipment set out in the First Schedule at premises other than those in respect of which he has obtained a Dealer’s Individual Licence shall be deemed to have been granted a Dealer’s Class Licence in respect of those other premises.
Subregulation 2
The holder of a Dealer’s Individual Licence who manufactures, imports, lets for hire, sells, or offers or possesses for sale any registered equipment or telecommunication equipment set out in the First Schedule at the premises in respect of which he has obtained a Dealer’s Individual Licence shall not be deemed to be a holder of a Dealer’s Class Licence for such purpose in respect of those premises.