(1) The Comptroller - General of Customs may, by writing, renew a warehouse licence on the application, in writing, of the holder of the licence.
(3) The Comptroller - General of Customs may refuse to renew a licence if the Comptroller - General of Customs is satisfied that, if the licence were renewed, he or she would be entitled to cancel the licence.
(4) Subject to this Part, a warehouse licence that has been renewed continues in force for 12 months but may be further renewed.
Note: Additional conditions may be imposed on the licence under section
82A, and the conditions to which the licence is subject may be varied
under subsection 82(5) or section 82B.