New trade license holders will have their license automatically revoked if their business does become active within a 90-day period or a date specified by the Trade Commission.
This is according to clause 13 of the Business Licensing Act 2020 which was recently passed in the House of Assembly.
Speaking on the clause was Member for the Fourth District Honourable Mark Vanterpool who highlighted the new inclusion.
Vanterpool explained that he was concerned that the 90-day period may not be enough time to allow for a new business to become fully operational after receiving its trade license.
He said, even the process to request more time may not be as straightforward as it seems and could pose challenges for a new business.
Meanwhile, former Minister for Labour and Immigration Honourable Vincent Wheatley said he suspects the reasoning behind the new 90-day clause.
He said it is likely that such an inclusion stems from what he terms, trade license hoarders, who he described as persons who have multiple trade licenses but no active businesses.