30 No. 3 Electronic and Postal Communications 2010 (e) providing V-SAT services and any other services to be determined by the Authority: Provided that such person shall register and apply to the Authority to obtain approval of appropriate class licence, upon payment of fee as may be prescribed by the Authority. (2) The Authority shall make rules prescribing the format of class licence and registration forms referred to in sub-section (1). (3) A person who undertake the activities of importation or distribution of communication equipment or broadcasting apparatus shall issue a warranty for a minimum of one year to protect the consumer. (4) Any person registered and granted a class licence under this section shall not be bound by the requirement on shareholders under section 26. Transfer of licence 24.(1) A licence issued under this Act shall not be transferred, assigned, pledged or otherwise disposed off without prior written consent of the Authority. (2) Where a licensee proposes to transfer a licence, the licensee and the person to whom the licence is proposed to be transferred to, shall jointly submit a request in writing to the Authority for consent of the transfer. (3) The transferor shall submit the request together with the transferee’s documents to the Authority for consent of the transfer. (4) An application to transfer a licence shall be treated by the Authority in the same manner as a request for the issuance of a licence under this Act. Transfer of shares 25. Any shareholder or licensee shall not transfer, alienate, sub-contract or assign any interest in his shares under the licence without approval of the Authority.