S.L. 583.5 ст. 6Licence term.

(1) A term of a licence, whether original or renewed, shall be of ten years, unless otherwise prescribed by means of these regulations:

Provided that in the case of a gaming service that requires a Government concession, if the Government concession is of a shorter term, it shall be granted for such shorter term.

(2) Any licence renewal shall in all cases be subject to the continued compliance by the licensee, during the preceding original or renewed term of the licence, with the provisions of the Act, all applicable regulatory instruments and all other applicable laws.

(3) Without prejudice to the Minister’s power to vary the general policy applicable to gaming, no renewal of any licence shall take place if such renewal is contrary to public interest or public policy in place at the time of renewal or is reasonably anticipated to come into place during the proposed renewal term of a licence.

(4) The Authority may, on application, issue a limited duration licence, the term of which shall be established by the Authority, provided that the Authority may establish further conditions or limitations in a binding instrument:

Provided that the Authority shall not issue more than four (4) limited duration licences in any calendar year to any one person, whether the person is the operator, organiser or the person or entity on behalf of whom such gaming activity has been organised, or is being organised.