Amendment status not verified — confirm the current text below against the official source.
Renewal.−On application being made for renewal, the licensing authority may cause an inspection to be made and, if satisfied that the condition of the licence and the Rules under the Act are, and will continue to be observed, 1[he shall prepare a report to that effect in respect of those drugs which have been notified by the Central Government under Rule 68-A and forward it along with the application to the Central Licence Approving Authority], and 2[he shall issue a certificate of renewal under this Part]. 3[83-A. Certificate of renewal of a loan licence.−The certificate of renewal of a loan licence in Form 28-A shall be issued in Form 26-A.] 4[83-AA. Duration of loan licence.−An original loan licence in Form 28-A or a renewed loan licence in Form 26-A, unless sooner suspended or cancelled, shall be 5[valid for a period of five years on and from the date on which] it is granted or renewed: 6[Provided that if the application for the renewal of a licence is made before its expiry, or if the application is made within six months of its expiry, after payment of the additional fee, the licence shall continue to be in force until orders are passed on the application and the licence shall be deemed to have expired if the application for its renewal is not made within six months of its expiry].]