Where a licensee requests to pay renewal fees in instalments at least three (3) months prior to the expiry of the current licence, a licence may be issued to the applicant once the applicant has agreed to a payment plan and has made the payment of the first instalment. The licence may be cancelled if the applicant does not honor their obligations to pay the full amount within the stipulated timelines. The applicant shall sign a contractual agreement with a clause allowing for the cancellation or revocation of the licence upon default of payment. Requests for payment in installments within the last month of the expiry of the current licence are not accepted. An administration fee may be payable.