(1) The duration of the
license granted pursuant to Rule 5 shall be for five years.
(2) The rafting entrepreneur intending to renew the license
shall renew the license by paying the five thousand rupees, three
months prior to the end of the duration of the license to the
Ministry.
(3) After completing the duration pursuant to Sub-rule (2),
the license holding rafting entrepreneur if comes to renew the
license, for the first two months, after the date of expiration of the
duration of the license then by taking fifty percent of the extra
renew fee and for the following (successive) one month, by taking
cent percent extra renew fee, the Ministry shall renew the license.
(4) If a rafting entrepreneur has not renewed the license
within the period prescribed pursuant to Sub-rule (3), such license
shall be ipso-facto void.