(1) Subject to subsections (2), (3) and (4), the Authority shall renew a gambling licence for a charitable or philanthropic purpose, other than a licence for a charitable or philanthropic purpose for a once-off gaming, betting or lottery activity, on application to it in that behalf by the licensee of the licence where -

(a) the application is made within such period, before the expiry of the licence concerned, as is specified by the Authority,

(b) the application is in such form as may be specified by the Authority,

(c) the licensee continues to comply with section 118(2)(a),

(d) the application contains the information referred to in section 118(3), and

(e) the application is accompanied by -

(i) the undertaking referred to in section 118(2)(b),

(ii) the updated relevant information and documentation, and

(iii) where applicable, such fee as may be prescribed by the Authority under section 38.