Section 8
Period And Renewal Of Permit
(1) Exce pt where the perm it is re voke d earlie r pursua nt to Sec tion 11, the period of the permit for produc tion shall be for a maximum period of Fifteen years and the period of the perm it for im port, supply, sale a nd
distribution sha ll be for a maxim um period of Thre e years.
(2) No later tha n at least six months prior to the expira tion of the pe riod as referre d to in Sub-section (1), an
application, ac compa nie d by the fees as prescribed, ha s to be made to the comm ittee in the pre scribe d forma t for the re newal  of the permit.
(3) Where a n a pplic ation is not ma de for the re newal of permit w ithin the time lim it as re ferred to in Sub-section (2), the permit sha ll not be re newed; the permit which so expires sha ll be deeme d to be i pso fac to ca nce led.