Provided that no licence, under rules mentioned in rule 2 (ii) (f) of this rules, shall be granted period of more than year
Explanation. —For the purpose of these Rules,
- An Year means the Financial Year ending March 31st; and
- A period of five years would mean the end of fourth year immediately following the year in which the Licence is granted or renewed or continued.
4. Fee for grant, renewal or continuance:—
- Fee for grant, renewal or continuance of a licence for one year shall be as notified by the Commissioner at least sixty days in advance of the financial year; and
- Fee for grant or renewal of a licence for five years shall be equal to four and a half times the fees chargeable for the grant or renewal or continuance, as the case may be, of that licence, for one year
1[4(A) Notwithstanding anything contained in rule 4 or any other provisions of these rules, the Commissioner may notify that, the rates of licence fees notified under clause (b) read with clause (a) of rule 4 shall also be applicable to licences issued, renewed or continued, for a period of five years under clause (b) of rule 4 prior to the coming into force of the revised rates of fees for the financial year 2002-2003, for the remainder of the period of such licence on pro-rata basis:]1
Provided that, the yearly enhancement in the rates of licenses fees notified by the Commissioner hereafter for the financial year 2003-2004 onwards shall not be charged and recovered from the licensees holding the licences for period of five years, prior to the coming into force of the revised licence fees for the year 2002-2003.]
5. Refund of fees.—
- In case of the cancellation of a licence under Section 56 of the said Act, fee proportionate for the unexpired portion of the licence is refundable.
- In case of the surrender of a licence or cancellation under Section 54 of the said Act, the fee paid for the years subsequent to the year of cancellation or surrender is refundable proportionately.