1433. Grant of licences

Except as otherwise mentioned, the following provisions are not in force.

Subject to the following, the regulator1 may grant a licence under the Space Industry Act 2018 if the regulator thinks fit2. The regulator may grant a licence only if satisfied that doing so (1) will not impair the national security of the United Kingdom; (2) is consistent with the international obligations of the United Kingdom; (3) is not contrary to the national interest3. The regulator may not grant an application for a licence unless satisfied that (a) the applicant has the financial and technical resources to do the things