(1) Class III, IV, and V alarm system permits shall expire on the first day of the anniversary month following the year of issue.

(2) An alarm system permit may be transferred to a new location upon completion of the alarm permit address change form and its submission to the Chief Financial Officer or designee. A person who has paid the permit fee for the year and terminates their alarm permit during that year shall be entitled to claim a prorata refund for the number of days remaining in their term year beginning after the last day at the original location.

(3) Renewal permits shall be dated the first day of the anniversary month each year. The renewal permit will not be issued until the fee is paid. The renewal application shall contain the principal's signed statement that there have been no changes in principal, protected premises or class of alarm system. A suspended permit may be renewed only as provided in section 8.690.