S.L. 234.41 Art. 13Savings.

A licence issued under the Merchant Shipping (Licensing of Shipping Organisations) Regulations, 2004, revoked by these regulations, to a shipping organisation which falls under the provisions of regulation 5 hereof shall cease to be valid with immediate effect and that organisation shall, subject to the provisions of regulation 5, be deemed to be a licensed shipping organisation as provided for in the said regulation: Provided further that a licence issued to shipping organisations other than those falling under the provisions of regulation 5 hereof shall remain valid as stated in the licence, following which date the licence shall be subject to renewal as provided in regulation 7 hereof.