S.L. 628.1 Art. 37Term and renewal of permits and approvals.

(1) Each new permit and certificate of approval shall be valid for a period of one (1) year which period may be renewed by the Authority for further periods of one (1) year each or for such period as may be prescribed by the Authority in any binding instrument.

(2) Any renewal of a permit or a certificate of approval shall in all cases be subject to the continued compliance by the association, during the preceding original or renewed terms of the permit and certificate of approval, with the provisions of the Act, these regulations, all conditions or restrictions contained in the applicable permit and certificate of approval, all applicable regulatory instruments, binding instruments and all other applicable laws.

(3) A request for renewal of a permit or certificate of ORGANISATIONS)

approval shall be made within the time-frame prescribed by the Authority.