(1) The licensing scheme may provide for the following:
(a) the holder of a commercial licence to apply to the Minister to extend the end day of the licence;
(b) procedures for the Minister to decide whether or not to grant such an extension;
(c) such an extension to be granted in respect of the whole licence area, or a part of the licence area (as long as this does not result in the part of the licence area that has not reached the end day being non - continuous);
(d) more than one such extension to be granted in respect of a particular licence.
Note 1: If the declaration that applies to the licence area has been varied, the variation may affect an extension of the end day of the licence (see section 23).
Note 2: For review of decisions, see section 297.
(2) An application under provisions of the licensing scheme made for the purposes of paragraph (1)(a) may only be made at least 5 years before the end day of the licence.
(3) An extension must not result in the end day of a commercial licence being later than the day after the end of 40 years after the extension is made.
(4) An extension must not apply to any part of a licence area that is not a declared area at the time the extension is granted.
(5) If an extension results in there being different end days for different parts of a licence area, subsection 46(4) applies separately in respect of each such part.