Form and duration of licence

(1) A licence to use the standard markSchedule. Form IX. (a) shall be in Form IX as set out in the Schedule; (b) shall be valid for a period of one year but may be renewed for a further like period if the licensee makes application therefor and pays the appropriate application fee at least one month before the expiration thereof; (c) shall take effect on payment of the annual fee specified in regulation 13(2)(d); and (d) shall be subject to such terms and conditions as the Bureau determines. (2) The application for the renewal of a licence shall be Form X set out in the Schedule hereto and shall be accompanied by the fee specified in subregulation(1)(b) above. Schedule. Form X. 40 (3) The Bureau may decide to vary the terms and conditions attached to a licence and for this purpose the Bureau shall give one month’s notice to the licensee and invite his comments.