What happens to licenses issued before the effective date of new regulations?

Licenses issued before the effective date of new regulations typically remain valid and in force until their expiration dates, unless they are specifically revoked or suspended due to other reasons. This approach allows existing license holders to continue their operations without interruption, ensuring that changes in regulations do not adversely affect their business immediately.

It is common in regulatory frameworks to provide a grace period for existing licenses. This helps maintain stability in the industry and allows licensed individuals adequate time to comply with any new requirements that may be set forth in the updated regulations. Thus, as long as the licensee adheres to the terms of their license and does not engage in actions that warrant revocation or suspension, they can continue to operate under the previously issued license until it naturally expires.