Section 76 — Types of licences and permits

(1)A licence may be granted by the Agency under this Part authorising, for a period, the holder of the licence —

(a)to import in the course of business an import‑controlled item stated in the licence; or

(b)to export in the course of business an export‑controlled item stated in the licence.

(2)An import consignment permit may be granted by the Agency under this Part for a consignment comprising import‑controlled items of a particular kind (according to the Agency’s classification) stated in the permit.

(3)An export consignment permit may be granted by the Agency under this Part for a consignment comprising export‑controlled items of a particular kind (according to the Agency’s classification) stated in the permit.

(4)A transhipment consignment permit may be granted by the Agency under this Part for a consignment comprising transhipment‑controlled items of a particular kind (according to the Agency’s classification) stated in the permit.

(5)A consignment permit may cover only one consignment comprising a controlled item of one particular kind (according to the Agency’s classification).