(1) Notwithstanding any other provision of this Act, a person who has been carrying on a private security business for a continuous period of 12 months immediately prior to the date of commencement of this Act is, subject to section 42, entitled on application made in accordance with section 34 within 2 months of commencement of this Act to the grant of a licence for that private security business for a period which expires 6 months after the date of commencement of this Act.
(2) Where a person referred to in subsection (1) fails to make an application for a licence within the time specified pursuant to that subsection, that person shall cease to carry on private security business.
(3) A person who contravenes subsection (2) commits an offence for which the penalty shall be the same as provided for in section 30(2).