The Licensee, shall apply for the renewal of licence atleast thirty days prior to the date if expiry of the existing licence period with pre-payment of one hundred and twenty-five per cent of the previous year licence fees subject to the finalization of actual licence fees to be collected after finalising the accounts of the private market for the previous year for ascertaining the correct income and either refunding excess fees collected or collect the shortfall fees from the Licensee.
Section 11: Renewal of licence
The Tamil Nadu Panchayats (opening and Maintenance of Market), Rules, 2000State Rules of Tamil Nadu · 1994
Where this provision sits
| Act | The Tamil Nadu Panchayats (opening and Maintenance of Market), Rules, 2000 |
|---|---|
| Section | 11 |
| Marginal note | Renewal of licence |
| Jurisdiction | State of Tamil Nadu |
| Status | In force as published by the source |
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