Dealer’s Class Licence
4A.—(1)  A dealer who manufactures, imports, hires, sells, or offers or possesses for sale any type-approved equipment or telecommunication equipment set out in the Fifth Schedule shall be deemed to have been granted a Dealer’s Class Licence for that purpose.
(2)  A dealer who is deemed to have been granted a Dealer’s Class Licence shall, in addition to any requirement imposed under these Regulations, comply with the conditions of licence set out in the Fourth Schedule.
(3)  The Authority may suspend or cancel a Dealer’s Class Licence by notice in writing addressed to the licensee on the ground that the licensee had —
(a)in registering with the Authority, furnished false, misleading or inaccurate information;
(b)misused any telecommunication equipment; or
(c)failed to comply with any of the provisions of the Act or these Regulations or any condition of licence set out in the Fourth Schedule.
(4)  Where a Dealer’s Class Licence is suspended or cancelled by the Authority, no compensation shall be paid by the Authority to the licensee and no fee or part thereof shall be refunded by the Authority to the licensee in respect of the unexpired period of such licence.