Malaysia legislation
Section 6
of Land Use (Control of Prescribed Trading Activities) Ordinance, 1997
Section 6
(2)
Every licence may on or before its expiration be renewed for a further period not exceeding one year at a time:
Provided that where a licence is renewed one week after its expiry date, the holder thereof, if he seeks a renewal thereof shall, unless exempted by the Superintendent, pay a penalty equivalent to fifty percent of the licence fee prescribed in the Schedule, in addition to the prescribed licence fee.
Renewals