Part 3Premises licences
Duration of licence
26Period of validity of premises licence
1
Subject to sections 27 and 28, a premises licence has effect until such time as—
a
it is revoked under section 52, or
b
if it specifies that it has effect for a limited period, that period expires.
2
But a premises licence does not have effect during any period when it is suspended under section 52 F2or 55A .
27Death, incapacity, insolvency etc. of licence holder
1
A premises licence lapses if the holder of the licence—
a
dies,
F1b
becomes a person who lacks capacity (within the meaning of the Mental Capacity Act 2005) to hold the licence,
c
becomes insolvent,
d
is dissolved, or
e
if it is a club, ceases to be a recognised club.
F31A
A premises licence that authorises premises to be used for a licensable activity within section 1(1)(a) or (d) also lapses if the holder of the licence ceases to be entitled to work in the United Kingdom at a time when the holder of the licence is resident in the United Kingdom (or becomes so resident without being entitled to work in the United Kingdom).
2
This section is subject to sections 47 and 50 (which make provision for the reinstatement of the licence in certain circumstances).
3
For the purposes of this section, an individual becomes insolvent on—
a
the approval of a voluntary arrangement proposed by him,
b
being F4made bankrupt or having his estate sequestrated, or
c
entering into F5... a trust deed for his creditors.
4
For the purposes of this section, a company becomes insolvent on—
a
the approval of a voluntary arrangement proposed by its directors,
b
the appointment of an administrator in respect of the company,
c
the appointment of an administrative receiver in respect of the company, or
d
going into liquidation.
5
An expression used in this section and in the Insolvency Act 1986 (c. 45) has the same meaning in this section as in that Act.
28Surrender of premises licence
1
Where the holder of a premises licence wishes to surrender his licence he may give the relevant licensing authority a notice to that effect.
2
The notice must be accompanied by the premises licence or, if that is not practicable, by a statement of the reasons for the failure to provide the licence.
3
Where a notice of surrender is given in accordance with this section, the premises licence lapses on receipt of the notice by the authority.
4
This section is subject to section 50 (which makes provision for the reinstatement in certain circumstances of a licence surrendered under this section).