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(1) An approval for the export of non-ferrous scrap metal shall be for a period not exceeding six months and may be renewed on application.

(2) An application for the renewal of the approval shall be made to the Minister and be accompanied  with  proof  of  export  proceeds  of  each  previous  approved  shipment  with evidence of repatriation of funds duly certified by the applicant’s bankers not later than thirty days before the expiration of the approval.

(3) The renewal shall attract the fee set out in the First Schedule.