LAWS OF MALAYSIA

Postal Services Act 2012 [ Act 741]

PART IV - LICENSING PROVISION
Section 20. Surrender of licence

(1) A licensee may, by written notice, surrender his licence to the Commission in accordance with the requirements set out in the licence.

(2) Notwithstanding subsection (1) a universal service licensee shall, not later than five years from the date of the intended surrender, give written notice to the Commission.

(3) The surrender shall take effect on the date the Commission receives the licence and the notice under subsection (1), or where a later date is specified in the notice, on that date.

(4) The surrender of a licence shall be irrevocable unless it is expressed to take effect on a later date and before that date the Commission, by notice in writing to the licensee, allows the surrender to be withdrawn.