Every licence shall be in the prescribed form and shall-
(a) not enter into force except on payment to the Registrar of the prescribed fee; (Replaced 70 of 1988 s. 7)
(b) be valid for a period of 12 months, or such lesser period as may be specified in the licence, from the date on which it is granted; and
(c) authorize the person named therein to carry on business as a travel agent at any premises specified therein.