Public warehousing license: prescribed application form, expedited processing timeframe, annual insurance compliance, deemed validity until surrender. Prescribes a standard application form for licences under the 2016 warehousing regulations to ensure uniform information and aid site security assessment; existing licensees under transitional provisions need not file the new form. Licensing authorities must examine applications, conduct site visits and decide within the Board's prescribed timeframe; on proposed grant applicants must complete documentary requirements before final licence issuance. Licences remain valid until surrender or cancellation, eliminating annual renewal, while annual submission of insurance evidence and continued solvency compliance remain required.