Hong Kong Regulations
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AIR TRANSPORT (LICENSING OF AIR SERVICES) REGULATIONS - REGULATION 17
Surrender of licences
A licence may at any time be surrendered by the holder to the Licensing
Authority for cancellation. If, during the currency of a licence, the holder
applies to the Licensing Authority for a new licence in substitution for the
current licence, he shall, if a new licence is granted, surrender the current
licence for cancellation on the date from which the new licence is expressed
to take effect.
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