14 C.F.R. § 420.43 Duration.
Title 14 - Aeronautics and Space
A license to operate a launch site remains in effect for five years from the date of issuance unless surrendered, suspended, or revoked before the expiration of the term and is renewable upon application by the licensee.
Title 14: Aeronautics and Space
PART 420—LICENSE TO OPERATE A LAUNCH SITE
Subpart C—License Terms and Conditions
§ 420.43 Duration.