(1) The licensing authority shall, if satisfied that the site fulfils all the conditions, grant to the applicant a No Objection Certificate in form (B) for the construction of the cinema building. The Certificate shall be valid for a period of two years from the date of commencement of the construction of the building. The licensing authority on an application made in this behalf, if satisfied that the applicant could not for valid reasons, complete the building within the said period of two years, may extend the validity of such Certificate by a further period not exceeding two years.
(2) In the case of Touring Cinema, the licensing authority shall, if satisfied that the site fulfils all the conditions, grant to the applicant a No Objection Certificate in form (B) for putting up a cinema. The certificate shall be valid for a period of six months from the date of it's issue".]