(1)  The holder of a venue licence must give notice in writing to the Commission if any of the following occurs:

(a) an application is made under Part 2 of the Liquor Licensing Act 1990 to vary, transfer or surrender a licence or permit under that Act in respect of the licensed premises to which the venue licence relates;

(b) the Commissioner for Licensing advises the operator of an intention to cancel or suspend a licence or permit issued under Part 2 of the Liquor Licensing Act 1990 .

(2)  If a licence under the Liquor Licensing Act 1990 in respect of licensed premises to which a venue licence relates–

(a) is cancelled, the venue licence is immediately cancelled; or

(ab) .  .  .  .  .  .  .  .  

(b) is suspended for a period of time, the venue licence is immediately suspended for the same period; or

(c) is surrendered, the venue licence is, subject to subsection (3) , suspended until –

(i) a new liquor licence is issued for the premises under that Act; or

(ii) an application for a new liquor licence for the premises is refused under that Act, in which case the venue licence is immediately cancelled.

(3)  If a liquor licence under the Liquor Licensing Act 1990 is surrendered in respect of licensed premises and an application for a new liquor licence for the licensed premises is not made under that Act within the 6-month period immediately after the surrender of the liquor licence, the venue licence held in respect of those licensed premises is cancelled.