Licence-contracts

(1) A licence-contract may be recorded in the register on the submission of an application in Form No. 13, together with the prescribed fee and a copy of the licence-contract. (2) Upon receipt of the application, the fee and a copy of the licence-contract, the Registrar shall examine the licence- contract to determine whether it complies with the requirements of the Act; and if it does the Registrar shall record in the register the particulars of the licence-contract as set out in the application, and advise the applicant in writing of the action taken. (3) If, after his examination of an application pursuant to subrule (2), the Registrar determines that the licence contract does not comply with the requirements of the Act, the Registrar shall refuse to record the licence-contract in the register and advise the applicant in writing of his refusal to record it.