(1) An exemption takes
effect as follows —
(a) if
the exemption does not state when it takes effect, on the day after the day on
which notice of it is published in the Gazette ;
(b) on a
later day specified by the Minister in the exemption.
(2) An exemption can
be issued for any period of not more than 10 years.
(3) An exemption
expires at the end of the period for which it is issued, unless it is sooner
revoked.
(4) An exemption
cannot be amended to extend its duration, but that does not prevent the issue
of a new exemption with the same terms or different terms.