Terms and conditions of licence
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 shall be —
(a)$2,400 per year for the grant or renewal of an import and wholesale licence;
(b)$360 per year for the grant of a retail licence; and
(c)$300 per year for the renewal of a retail licence.
(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.