sec.19Period of licence

### sec.19 Period of licence A licence shall take effect on the date of its issue by the chief executive and shall continue to have effect for the period specified therein, not exceeding— in a case where the Governor in Council has approved that the licence may be granted for a period that is in excess of 25 years—that period; in any other case—25 years; unless it is duly cancelled or surrendered. On expiry of a licence the chief executive may issue to the person who, immediately before the expiry, was the holder thereof a further licence. The holder of a licence may surrender the licence to the chief executive at any time. s 19 amd 1995 No. 9 s 92 sch 1 (sec.19-ssec.1) A licence shall take effect on the date of its issue by the chief executive and shall continue to have effect for the period specified therein, not exceeding— in a case where the Governor in Council has approved that the licence may be granted for a period that is in excess of 25 years—that period; in any other case—25 years; unless it is duly cancelled or surrendered. (sec.19-ssec.1A) On expiry of a licence the chief executive may issue to the person who, immediately before the expiry, was the holder thereof a further licence. (sec.19-ssec.2) The holder of a licence may surrender the licence to the chief executive at any time. - (a) in a case where the Governor in Council has approved that the licence may be granted for a period that is in excess of 25 years—that period; - (b) in any other case—25 years;