Amendment of section 22

In section 22 of the principal Act,— (i) for the words “travel agent”, the expression “travel agent or as mentioned in sub-section (i) of section 19A” shall be substituted; (ii) for the letters and figures “Rs. 10,000/-” the letters and figures “Rs. 1,00,000/-”, shall be substituted. Explanation.— A person who has made an application for renewal of certificate before the date of its expiry and if the same is pending disposal then he shall not be a defaulter for the purposes of this section”.