Examples of Licensed Business in a sentence
This Condition shall not apply in respect of any function of the Authority under Articles 14(1)(a) and 27 of the Order or under Article 7 of the Energy Order but the Licensee shall, if requested by the Authority, give reasoned comments on the accuracy (so far as it relates to its Licensed Business), of any information or advice which the Authority proposes to publish pursuant to Article 7 of the Energy Order.
The Licensee shall at all times maintain its financial affairs in such a way so as not to prejudice the conduct of its Licensed Business and shall at the request of the Authority provide the Authority with such information as the Authority may reasonably request to be satisfied of the above.
Factors contributing to the low level of investment include high risk of investment caused by policy inconsistency, low investor confidence in the sector, high production cost, insecurity of land tenure, insufficient institutional and infrastructural support (roads, national railway, network, electricity, and storage facilities), low use of business credit and unfavourable business climate.
Licensed Business: A business that designs, installs, maintains, repairs, pumps, operates, or inspects SSTS.
Any difference in the charges for supply of gas according to the choice of payment method shall be calculated by the Licensee on a reasonable basis to reflect the costs to the Licensed Business of such different payment methods.