(1) A conductor license shall have to be renewed within three months from the date of expiration of the period
mentioned in the license pursuant to Sub-section (2) of Section 67.
(2) A conductor shall have to submit the conductor license, accompanied by the prescribed fees, to the competent authority for the renewal of the conductor license within the period specified in Sub-section (1).
(3) If a conductor license is submitted for its renewal pursuant to Sub- section (2), the competent authority shall renew such a conductor license for upto another five years.
(4) If a conductor license is submitted for its renewal after the expiration of the period as mentioned in Sub-section (1), the conductor license shall be renewed upon collecting from the conductor additional fees
equal to the amount thereof if the period of such expiration is within one year, two hundred percent of the amount if within two years, three hundred percent if within three years, four hundred percent if within four years and
five hundred percent if within five years, in addition to the renewal fees.