Why is TICO making registrants renew their registrations annually rather than every two years?

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Why is TICO making registrants renew their registrations annually rather than every two years?

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TICO is making registration and renewal fees payable for a one year period rather than for the current period of two years. Registrants update the information TICO has on file at the time of renewal. Having annual renewals enhances the ability of TICO to ensure that up to date, accurate information is on file. This information is needed by TICO to ensure the legislation is being complied with and consumers are protected.

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