Cap. 438 Art. 27Duration of National Lottery licence.

(1) The National Lottery licence shall be issued for such term as the Authority after consultation with the Minister, and for the first time after the entry into force of this Part as the Minister, may specify in the licence, which term shall commence to run on such day as may be specified in the licence as the date from when the licence shall become effective. Such date may be subsequent to, but not preceding, the date of issue of the licence.

(2) Unless a National Lottery licence is previously cancelled, it may be renewed by the Authority for one further period as the Authority after consultation with the Minister may determine.

(3) The renewal of the licence by the Authority shall be subject to the compliance by the National Lottery licensee, during the original term of such licence, with the provisions of this Act and of regulations made thereunder applicable to it and with the terms and conditions of such licence and with any directive issued by the Authority in terms of this Act or of regulations made thereunder and applicable to such licensee, and subject to the acceptance by the Authority of the written application for such renewal made by the licensee to the Authority -

(a) by such date before the expiry of the original term of the licence as specified in the licence; and

(b) containing such information as specified in the licence to be necessary or expedient to enable the Authority to determine whether to renew the said licence.

(4) After the submission of an application for the renewal of a National Lottery licence, the Authority may require the applicant to provide such other information, in addition to that provided together with the application, as may be deemed necessary for the purpose of determining the said application.