6.—(1) The Chief Executive may grant a licence in such form and on such terms and conditions as he may determine.
(2) The fee payable for the grant of a licence under paragraph (1) is the appropriate amount of licence fee based on the appropriate rate specified in the Schedule.
[S 725/2015 wef 01/01/2016]
(3) A licence granted under this regulation may be valid for one, 2 or 3 years from such date as the Chief Executive may specify in the licence.