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(1) The Registrar shall, within three months from the date of the application, examine whether the requirements of section 50 (1) of the Act and regulation 38 are satisfied and, if the requirements are satisfied, send a copy of the application to the licensor and licensee and invite the licensor or licensee, as the case may be, to make any observations.

(2) The Registrar shall give the notice required by section 50 (2) of the Act, in writing, not later than three months before the date set for the Board to consider the application.