Issue, suspension and concellation of licence

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....or a ^1[licence, certificate, scrip or any instrument bestowing  financial or fiscal benefits] or in respect of any ^1[licence, certificate, scrip or any instrument bestowing financial or fiscal benefits] granted or renewed in such manner as may be prescribed.      ^2[(2) The Director General or an officer authorized by him may, on an application and after making such i....

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....;     (c) be subject to such terms, conditions and restrictions as may be prescribed or as specified in the licence ^1[licence, certificate, scrip or any instrument bestowing financial or fiscal benefits] with reference to the terms, conditions and restrictions so prescribed.       (4) The Director General or the officer authorised under sub-sec....

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....---- Notes:- 1. In sub-sections (1), (3), (4) and (5), for the word "licence", wherever it occurs, the words "licence, certificate, scrip or any instrument bestowing financial or fiscal benefits" has been Substituted vide Notification S.O. 2099(E), Dated 19/08/2010, before it was read as:- 2. Substituted vide Notification S.O. 2099(E), Dated 19/08/2010, before it was read as:- "(2) The Di....