S.L. 117.2 Art. 11Cessation of licence.

A licence issued for the exportation of goods shall cease to have effect -

(a) if the sale of the goods is not confirmed within fifteen days from the date of the issue of the licence or in such other period as may be prescribed in the licence; or

(b) if the goods to which the licence relates are not exported within thirty days from the date of the issue of the licence or within such other period as may be prescribed in the licence; or

(c) if any of the conditions in the licence are not complied with.