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Protection of the Environment Operations (General) Regulation 2009
Current version for 1 December 2019 to date (accessed 23 February 2020 at 10:02)
5   Licence fee period
(1)  Each period of 12 months (commencing from the issue of a licence) is a licence fee period for a licence.
(2)  However, a licence fee period comes to an end if the licence ceases to be in force (but not if the licence is suspended).
(3)  A licence fee period is not affected by any transfer of the licence.