section 5 of the principal Act, shall be renumbered as sub-section (1) thereof and,-
(i) in sub-section (1) as to re-numbered, for the words “valid for five years” and for the words “for further period of five years” the words “valid for twenty years” and the words “further period of ten years” shall be substituted.
(ii) after sub-section (1) the following shall be inserted, namely:- "(2) Subject to payment of such annual regulation fee as may be prescribed, all existing crusher licenses granted before the commencement of Karnataka Stone Crusher Regulation (Amendment) Ordinance, 2020, shall be deemed to have been granted for a period of twenty Years from the date of original grant and shall be extended accordingly.
(3) The benefit of extension under sub-section (2) of this section shall also apply,-
(i) for cases where crusher license renewal application was filed before the expiry of such license which is pending consideration before the licensing Authority; and
(ii) for the cases where the licensing Authority has rejected renewal applications solely on the ground of non-filling of such applications three months prior to expiry of such license but has applied for renewal before the 4 expiry of licence as stipulated under sub-section (1), the renewal under clause (ii) shall be subject to payment of the penalty of rupees two lakh.
(4) Upon expiry of the period of crusher license specified in subsection (1) and (2) of this section, the Licensing Authority may renew the licence on an application for renewal for further period for ten years”.