38 No. 3 Electronic and Postal Communications 2010 (3) A postal licence granted under this Act may be renewed on its expiry on application within the prescribed period by the Authority. (4) No postal licence shall be transferred except with the prior consent in writing of the Authority. Modification of postal licence 39.(1) The Authority may modify the conditions of a postal licence granted under this Act. (2) The Authority shall, prior to making modifications of the conditions of a postal licensee under this section give notice to the licensee by(a) stating that it proposes to make modifications in the manner as specified in the notice and the compensation payable for any damage cause thereby; and (b) specifying the time not being less than twenty eight days from the date of service of the notice on such a licensee within which written representation in respect to the proposed modification may be made. (3) Upon receipt of any representation referred to under subsection (2), the Authority shall consider such a representation and may(a) reject the representation; or (b) amend the proposed modifications or compensations payable in accordance with the representation or other wise, and in either event, it shall issue a direction in writing to licensee requiring him to make proposed modification specified in the notice or any other modifications as subsequently amended by the Authority within reasonable time.