3.—(1) An operator shall, upon compliance with regulations 4 and 5, be deemed to have been granted a class licence under section 5 of the Act for the running of the types of specified telecommunication systems and services appropriate to the telecommunication systems and services run by him.
(2) The class licence is granted subject to the conditions set out in the First, Second, Third, Fourth, Fifth, Sixth, Seventh or Eighth Schedule, as the case may be.
(3) The holder of a FBO licence or SBO (Individual) licence shall not need a class licence for the running of any specified telecommunication systems or services which are specified in his FBO or SBO (Individual) licence.