8. A licence may be renewed by the Director for a period or periods not exceeding one year at a time on application made to the Director not less than thirty days before the expiry of the licence, if
(a) the Director is satisfied that the licensee has observed the provisions of this Act and any regulations made thereunder and has not been convicted of any offence under this Act or any regulations made thereunder; and |
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(b) the licensee pays the prescribed fee for the renewal of the licence, |
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