Section 46: Renewal of licence

(1) A company wishing to renew a licence granted under section 45 of this Act, shall, not later than three months before the expiry of the licence, apply for a new licence to take effect from the date the current licence expires.
(2) The procedure for the renewal of a licence granted under this Act, shall be the same as for the application for a licence.
(3) A company which fails to renew its licence or whose application for renewal is rejected by the Minister shall cease to operate a courier service.