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of <h1>New Customs Broker Licensing Rules: Surrender Option, Validity Changes, and New Renewal Forms Introduced in 2021 Amendments.</h1> The Customs Brokers Licensing (Amendment) Regulations, 2021, effective from July 23, 2021, introduce changes to the Customs Brokers Licensing Regulations, 2018. Key amendments include the introduction of Regulation 8A, allowing licensees to surrender their licenses under certain conditions, and the revision of Regulation 9, which details the validity period of a license. A license remains valid unless revoked, but it becomes invalid if the licensee is inactive for a year. Additionally, new forms and declarations are introduced, including Form I for license renewal applications, requiring specific compliance and declarations from applicants.
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