Commentary on Parts Part 3 – Premises Licences Section 28 – Period of effect of premises licence
61.This section establishes the maximum duration for any premises licence issued under the Act. The Licensing (Scotland) Act 1976 required licences to be renewed every 3 years. Premises licences under this Act would remain in effect indefinitely as long as the premises in question continue to be used for the purpose or purposes for which the licence was granted. However, the licence can be revoked if conditions are breached and the licence also ceases to have effect if the holder dies, becomes incapable, or insolvent unless a transfer is made under section 34. A licence holder may also choose to surrender a licence.
62.Subsection (7) sets out circumstances under which a licence holder becomes insolvent for the purposes of this Act.