3.—(1) Where an operator has an existing licence for the operation and provision of any third-party access value-added network service or any audiotex service, that licence shall be revoked as from 1st July 1996 and he shall be deemed to have been granted a class licence set out in the Second or Third Schedule, as the case may be, which licence shall expire on the date when his existing licence would otherwise have expired.
(2) In every other case, an operator shall, upon compliance with regulations 4 and 5, be deemed to have been granted such class licence as may be appropriate to the type of specified telecommunication systems and services run by him.