(1) The Commission may subject to conditions that it may determine grant a licence to an applicant to provide a postal or courier service other than a reserved postal service.
(2) Without limiting the scope of subsection (1) a licence shall state
(a) the type of services to be provided;
(b) the period of validity of the licence; and
(c) the payment to the Commission
(i) of a fee for the grant of the licence; of
(ii) of periodic payments during the existence of the licence or both.