(A) Each license, permit or registration shall indicate its term. Such term shall commence on January 1 of each year, unless otherwise provided in this code. No license, permit or registration shall be granted for a period longer than one year. Every annual license, permit or registration shall expire at the end of December 31 following the date of issuance, unless otherwise provided in this code. Any licensee or permittee shall pay the full fees for any annual license, permit or registration issued from the first day of the license or permit term through the end of the last day of the first six months of the term and pay one-half of the fees from the first day of the second six months of the license or permit term through the last day of the annual term, unless otherwise provided in this code.
(B) The Clerk shall notify all licensees and permittee, no less than 30 days before the expiration of the existing license or permit, that they need to file an application for renewal of their license or permit. A renewal application shall be filed and processed in the same manner as an original application.