Amendment status not verified — confirm the current text below against the official source.
(1) Every person who has been granted a certificate under section 12 shall have Renewal of ' such certificate renewed within six months before the expiry of the period of the certificabz. ccflificate. (2) The application for r e d o f t k ~ d ~ s h a l l tremack to the Central Governmmt in such form and manner and accompanied by such fee as may be prescribed. (3) The Central Governmesle shall renew the certificate, ordinarily within nbety days from the date of receipt of application for renewal of certificate subject to such k m and conditions as it m y deem fit and grant a certifiqate of renewal for a period of five years: provided \hat in &the Central Government does not renew the certificate within the said periad of ninety days, it shall communicate the reasons therefor to the applicant: Provided further the Cabal Oovemment may refuse th mew the certificate in case where a person has violated any of the provisipns of this Act or rules made thereunder. CHAPTER N ACCOUNTS, lk4TIMATION, AUDIT AND DiSWSAL OP A S S m , ETC.