Paragraph 3 Term of licenceI1

This licence unless sooner determined under any of the provisions hereof shall be and continue in force for the term of six years next after … 19… (hereinafter called “the initial term”); but if the terms and conditions hereof are duly performed and observed and, in particular, if the work programme described in Schedule 4 to this licence has been duly performed, it may be continued for a further term of thirty years as hereinafter provided.