S.L. 425.2 чл. 40Issue of licences.

The licenses issued in terms of regulations 3 and 22 -

(a) shall be valid until the 31st day of December of the year of issue and thereafter may be renewed from year to year: provided that no such renewal may be effected after the 31st March of the year to which the renewal refers; and without prejudice to the grant subsequent to that date of a new licence; and

(b) shall not exempt the holder thereof from the requirement of any licence under any other law that is or may be in force.