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State of Odisha - Section

Section 5 in The Orissa Prize Competition Rules, 1955

5. Period of validity of licence and its renewal.

- Every licence shall be valid initially for a period of one year from the date of its issue and shall lapse on the expiry of that period; but the licensing authority may on application made by the licensees in this behalf in Form 'A' before the expiry of the period of validity of the licence, renew it from time to time for such further period not exceeding one year in each case as may be decided by that authority in its discretion.