accordance with these Regulations and the licences shall, subject to regulations 14 and 40 continue in force for a period, not exceeding five years from the date on which any licence is expressed to take effect, as may be specified by the licensing authority. (2) If, on or before the date of the expiration of a licence, an application has been made for the grant of a new licence in substitution for the existing licence held by the applicant, the existing licence shall continue in force until the
Matters to application has been determined. be taken into 11. (1) In exercising its discretion under regulation 11, the account. licensing authority shall have regard to the co-ordination and development of air services generally with the object of ensuring the most effective service to the public while avoiding uneconomical overlapping and generally to the interests of the public, including those of person requiring or likely to require providing the facilities for air transport, as well as those of persons providing the facilities. (2) In particular and without prejudice to the general effect of subregulation (1) the licensing authority shall have regard to the following matters-
(a)
the existence of other air services in the area through which the proposed air service is to be operated;
(b)
the possibilities of air transport in that area;
(c)
the degree of efficiency and regularity of the air services, if any, already provided in that area, whether by the applicant or by other operators;
(d)
the period for which the services referred to in paragraph (c) have been operated by the applicant or by the operators;
(e)
the extent of which it is probable that the applicant will be able to provide a satisfactory service in respect of continuity, regularity of operation, frequency, punctuality, reasonableness of charges and general efficiency;
(f)
the financial resources of the applicant;
(g)
the type of aircraft proposed to be used on the service; (h) the competence of the applicant, having regard to his or her previous conduct and experience, his or her equipment, organisation, staffing, maintenance and other arrangements, to secure the safe operation of aircraft of the types specified in the application on flights of the description and for the purposes so specified;
(i)
objections or representations duly made in accordance with regulation 8. Reasons for decision.