62 Compensation for owner of fishing rights applying under section 55

62  Compensation for owner of fishing rights applying under section 55

(1)     Where a licence is revoked or varied on an application under section 55 above, the applicant shall be entitled to compensation from the [appropriate agency] in respect of the loss or damage which he has sustained as mentioned in subsection (3) of that section.

(2)     Where, on an application under section 55 above for the revocation or variation of a licence, the Secretary of State determines—

(a)     that the grounds of the application (as mentioned in subsection (3) of that section) have been established to his satisfaction; but

(b)     that the licence shall not be revoked or varied in pursuance of that application,

he shall certify accordingly for the purposes of the following provisions of this section.

(3)     Unless within the period of six months from the date on

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