s 9 Period of validity of licence
9.—(1) A licence continues to be in force for the period specified in the licence unless it is earlier suspended or revoked by the Commissioner, as the case may be. (2) The holder of a licence who carries on an employment agency, or performs any work or activity mentioned in section 6(2), for which the licence is granted, after the validity period specified in the licence shall be guilty of an offence and shall be liable on conviction —(a) to a fine not exceeding $80,000 or to imprisonment for a term not exceeding 2 years or to both; and (b) in the case of a second or subsequent conviction, to a fine not exceeding $160,000 or to imprisonment for a term not exceeding 4 years or to both. (3) Despite subsection (2), where the Commissioner has received an application for the renewal of a licence within the prescribed period after the expiry of the licence, he or she may renew the licence upon the payment of the prescribed late renewal fee. (4) Where the Commissioner has renewed a licence under subsection (3), the renewal takes effect from the date immediately after the date on which the licence would have expired had it not been renewed.[10