(1) In this section conveyancer includes a conveyancer whose licence has been suspended.(2) A licence is valid for the period of 3 years commencing on the date on which it is granted.(3) A licence ceases to be valid if (a) the conveyancer surrenders it to the Director; or(b) it is suspended or cancelled in accordance with this Act; or(c) the conveyancer dies; or(d) the conveyancer ceases to be qualified to hold the licence.