(1)No person who has made and subscribed a declaration in resp ect of any press under section 4 of the Jammu and Kashmir State Press and Publications Act, S. 1989 (Jammu and Kashmir Act No. I of S. 1989) shall keep the press in his possession for the printing of books or papers 2[after the 31st day of December, 1968 u nless before the expiry of that date], he makes and subscribes a fresh declaration in respect of thatpress under section 4 of this Act.
(2)Every person who has subscribed toany declaration in respect of a newspaper under section 5 of the Jammu and Kashmir State Press and Publications Act, S. 1989, Jammu and Kashmir Act, No. I S. 1 shall cease to be the editor, printer or publisher of the newspaper mentioned in such declaration 2[after the 31st day of December, 1968, unless before the expiry of that date] he makes and subscribes a fresh declaration in respect of that newspaper under rule (2) of the rules laid down in section 5 of this Act.]