No, but it is strongly recommended. The Police are entitled to ask to see your driving licence at any time and if you do not have it immediately, you will be ordered to produce it to a Police Station within 7 days. Failing to produce within that period of time is another offence, even if you do actually hold a driving licence.

No. The provisions of the New Drivers Act are only triggered when you pass a full UK driving test. If a driving licence has been granted without you having to pass a test, the New Drivers Act does not apply.

Penalty points are valid for 3 years from the date of conviction but cannot be removed from your driving licence until their fourth anniversary. If you amass 12 points in any 3 year period, you face disqualification.