Rule 31
Validity Period And Renewal Of License
(1) The license as referred to in this Chapter shall remain valid until the last day of
Ashad (mid July) each year except in cases where the licensing authority revokes or cancels such license prior to its validity period.
(2) The license has to be got renewed by the licensing authority by paying the renewal fee in such a sum as is chargeable for the
issuance of license prior to the expiration of its validity period as referred to in Sub-rule (1) or within Thirty Five days from the date of
expiration of such validity period.
(3) 43 If a licensee applies for the renewal of the license after the expiry of the time limit as referred to in Sub-rule (1), the license may be
renewed for a period not exceeding Three years by collecting the renewal fee chargeable for that fiscal year and a fine in a sum equal to Hundred per cent of that fee, and thereafter, the renewal fee for each fiscal year and a fine in a sum equal to Hundred per cent of that fee.
Ashad (mid July) each year except in cases where the licensing authority revokes or cancels such license prior to its validity period.
(2) The license has to be got renewed by the licensing authority by paying the renewal fee in such a sum as is chargeable for the
issuance of license prior to the expiration of its validity period as referred to in Sub-rule (1) or within Thirty Five days from the date of
expiration of such validity period.
(3) 43 If a licensee applies for the renewal of the license after the expiry of the time limit as referred to in Sub-rule (1), the license may be
renewed for a period not exceeding Three years by collecting the renewal fee chargeable for that fiscal year and a fine in a sum equal to Hundred per cent of that fee, and thereafter, the renewal fee for each fiscal year and a fine in a sum equal to Hundred per cent of that fee.