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In force2026 Revised Edition
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Part · General

98. Refund of proportionate part of licence fee in certain cases

Where a licence has been revoked or cancelled otherwise than for an act or omission which constitutes an offence, the licensee shall on demand be paid a sum calculated to the nearest dollar equivalent to one twelfth of the annual licence fee in respect of every complete month for which the licence would have been valid but for such revocation or cancellation.

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