Debt Collection Act 2022 s 12

s 12 Lapse of licence

12.—(1) Unless expired or earlier revoked under section 22(1), a licence lapses —(a) when the licensee ceases to exist; or (b) if the licensee is a sole proprietorship of which the sole proprietor is an individual — on the death of the sole proprietor. (2) No part of any licence fee or renewal fee may be refunded upon the lapse of a licence under this section.

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