(1) Where at a time during the currency of a licence the OFT is of the opinion that, if the licence had expired at that time (assuming, in the case of a licence which has effect indefinitely, that it were a licence of limited duration), it would, on an application for its renewal or further renewal on the same terms (except as to expiry), have been minded to grant the application but on different terms, and that therefore it should take steps mentioned in subsection (1A), it shall proceed as follows.
(1A) Those steps are -
(a) in the case of a standard licence, steps mentioned in section 30(1)(a)(ii) and (iii), (b), (c) and (e);
(b) in the case of a group licence, the varying of terms of the licence.
(1B) The OFT shall also proceed as follows if, having regard to section 22(1B) to (1E), it is of the opinion -
(a) that a licence which has effect indefinitely should have its duration limited; or
(b) in the case of a licence of limited duration, that the period during which it has ef