335. A permit is valid for two years. It is renewed on the conditions prescribed by this Act and the regulations.
The president may, however, issue a permit for a shorter period if he deems that the public interest is at stake or for administrative reasons.
A permit whose renewal is applied for remains in force until the president’s decision on the renewal application.
1978, c. 9, s. 335; 2015, c. 4, s. 14.