Section 9: Information of commencement of operation, commercial production or transaction of industry to be given

1) An industry registered under this Act shall commence its operation, commercial production or transaction within the period mentioned in the industry registration certificate and shall give its information to the industry registration body within thirty days.

2) If any industry fails to commence its operation or commercial production or transaction under sub-section (1), the industry may make an application as prescribed, setting out the reasons, to the industry registration body for the extension of the period in advance of at least thirty days of the expiration of the period mentioned in the industry registration certificate.

3) If any industry fails to apply within the period under sub-section (2), the industry may make an application, setting out the reasons and grounds, to the industry registration body for the
extension of the period, within the period mentioned in the industry registration certificate or within six months after the date of expiration of that period, upon making payment of the delay fee as prescribed.

4) Upon examination of the application received under sub-section (2) or (3), the content appears reasonable, the industry registration body may extend, as prescribed, the period for the commencement of operation or commercial production or transaction of such industry, having regard to the progress of works including construction works to be done for the establishment, and the nature, of the industry.

Provided that if the period for the commencement of operation, commercial production or transaction of any industry needs to be extended more than three times, the Board shall submit the matter, along with its opinion, to the Board for approval.

5) If the period is extended under sub-section (4), the concerned industry shall commence its operation, commercial production or transaction within that period.

6) If the period for the commencement of operation, commercial production, or transaction of any industry is not extended under sub-section (4), written information thereof shall be given to the concerned applicant within seven working days after the making of such decision.

7) If the period for the commencement of operation, commercial production or transaction of any industry is not extended under sub-section (4), the registration permit given to that industry is
considered to be ipso facto inoperative.