Section 173-H. Existing license, grant, franchise, permit or consent reinstated on invalidity of amendment

In the event that  an  amendment
  to  any  existing  license,  grant,  franchise,  permit or consent shall
  subsequently be declared invalid for any reason, or in the event of  the
  failure  of  the  approval thereof by the commissioner of transportation
  under the transportation law, the existing  license,  grant,  franchise,
  permit  or  consent  amended  thereby  shall,  by  operation  of  law be
  reinstated in full force and with like effect as though the same had not
  been amended.