s 24 Term of grant of protection
24.—(1) The Registrar must endorse on every grant of protection the date of the grant of protection. (2) Subject to sections 25 and 26, the term of a grant of protection is a period of 25 calendar years from the date of the grant of protection. (3) The grantee must during the term of the grant of protection pay an annual fee of a prescribed amount and furnish any information that the Registrar may require in the prescribed manner and within the prescribed period. (4) A late fee of a prescribed amount may be imposed by rules made under this Act for the payment of the annual fee within the prescribed period but after the anniversary of the date of grant of protection where the anniversary is the first day of the one year period for which the annual fee is payable, in prescribed circumstances.[Act 7 of 2022 wef 26/05/2022]