THE LICENSING OF BUSINESS ACTIVITY AND THE ADMINISTRATIVE LIABILITY FOR BREACH OF CERTAIN LICENCE CONDITIONS

Abstract

The legal reforms undertaken in Georgia have offered a number of novelties, including in the field of legal regulation of the issues related to licensing. Licensing is defined as granting of the right to a natural or legal person or any other organizational entity for undertaking certain activity. Such activity usually serves the business objectives and aims at deriving profit. It is therefore important to explore as to what extent the effective legislation ensures the protection of the rights of entrepreneurs in the process of licensing. The issues related to compliance with the licence and permit conditions or breach thereof and the related liabilities should become the subject of scholarly review