(4) The licensee or any interested party may make representations against such suspension or cancellation to the Commission. (5) After due consideration of such representations, the Commission may(a) prescribe the time during which the licensee may remedy the offending act or conduct; or (b) require the payment of a penalty or fee as specified in the Act or these Regulations. (6) Where a licensee has not complied with the conditions set by the Commission is paragraph (5) of this regulation, it may(a) suspend the licence for a specified period of time; or (b) revoke the licence. (7) Any person aggrieved by the decision of the Commission, under this regulation may within fifteen (15) days from the date on which the decision is made appeal to the Tribunal. Transfer or lease of licence. 76. (1) No postal licence shall be transferred or leased without the written consent of the Commission. (2) Where a licensee intends to transfer or lease a postal licence, he shall make an application to the Commission. (3) An application for the transfer or lease of a licence shall be in the prescribed form completed by the person to whom the licensee intends to transfer or lease the licence. (4) The Commission shall in considering an application for transfer or lease of a licence have regard to the same terms and conditions as when considering the grant of a new licence; 57