If the licensee under a standard licence, or the original applicant for, or any licensee under, a group licence of limited duration, wishes the F1OFT to renew the licence, whether on the same terms (except as to expiry) or on varied terms, he must, during the period specified by the F1OFT by general notice or such longer period as the F1OFT may allow, make an application to the F1OFT for its renewal.

The F1OFT may of F2its own motion renew any group licence.

The preceding provisions of this Part apply to the renewal of a licence as they apply to the issue of a licence, except that section 28 does not apply to a person who was already excluded in the licence up for renewal.

Until the determination of an application under subsection (1) and, where an appeal lies from the determination, until the end of the appeal period, the licence shall continue in force, notwithstanding that apart from this subsection it would expire earlier.

On the refusal of an application under this section, the F1OFT may give directions authorising a licensee to carry into effect agreements made by him before the expiry of the licence.

General notice shall be given of the renewal of a group licence.