(1) A licensee may apply to renew a licence under section 7 of the Act by completing in duplicate, Form 3A or 3B as prescribed in Schedule 2 and submitting with the completed form the annual licence fee prescribed in Schedule 1.
(2) Where a licence is not renewed by the licensee within the prescribed time, a surcharge of 1/12 of the annual licence fee prescribed in Schedule 1 shall become due and payable for each month or part of a month that the fee is in arrears.
(3) The annual licence fee should be paid on or before 1 January in the year following the grant of the licence.
(Inserted by S.I. 33/2001)