A licence is issued -
(a) on condition that the licensee shall at all times during the operation of the licensee’s air service comply with the
requirements specified in section 16(4);
(b) on condition that the licensee shall not commence or continue with an air service unless the licensee is in possession of a valid operating certificate issued under the Aviation Act, 1962 (Act No. 74 of 1962);
(c) on condition that the licensee shall within the period determined by the council, which period shall not exceed 12 months from the date of the issuing of the licence, commence with the air service and the operation of that air service shall not be interrupted for a period exceeding 12 months;
(d) on condition that a licence shall lapse as soon as the estate of the licensee is sequestrated or wound up, as the case may be;
(e) on condition that the licensee is insured as prescribed in relation to the class and type of air service, and the category of aircraft mentioned on his, her or its licence, and in respect of the prescribed nature, class or kind of insurance.
