(1) Every application for the issue of a licence to manufacture or to commence or carry on business as a manufacturer of, any dangerous machine shall be made in Form I on payment of the fee specified in column 2 of the Table below :- Table Where the value of each dangerous machine of a category proposed to be manufactured, sold or dealt within the course of business, -
(i) Exceeds two thousand rupees but does not exceed five thousand rupees Amount of licence fee Two hundred rupees.
(ii) Exceeds five thousand rupees but does not exceed ten thousand rupees Three hundred rupees.
(iii) Exceeds ten thousand rupees Five hundred rupees.
(2) For each category of dangerous machine proposed to be manufactured, a separate application will be required.
(3) Every application for a licence to commence, or to carry on business as a dealer of any dangerous machine shall be made in Form II on payment of the fee specified in sub-rule (1) :
Provided that where a manufacturer holding a licence for the manufacture, of any dangerous machine, sells such dangerous machine directly to a user such manufacturer shall not be required to take out a licence to carry on business as a dealer.
(4) Application for licence shall be processed for final decision within a month after the date of its receipt.
(5) Validity of the licence granted under the Act shall commence form the 1st of January of the first year and shall expire on 31st of December of the 5th year.