Section 63(2)

If— the Secretary of State may, if he thinks fit, pay to the appropriate agency the whole or such part as he considers appropriate of the relevant amount. proposals for revoking or varying the licence, in a case falling within subsection (1) above, are formulated by the appropriate agency, or an application with respect to any licence is made under section 55 above; in consequence of those proposals or that application, the licence is revoked or varied; and compensation in respect of the revocation or variation is payable by the appropriate agency under section 61 above,

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Source: legislation.gov.uk · retrieved 2026-07-30