ii. An application under this paragraph shall be made in such form as may be prescribed and shall state the proposed retail price of a copy of the translation of the work. iii. Every applicant for a license under this paragraph shall along with his application; deposit with the Intellectual Property Office such fee as may be prescribed. iv. Where an application is made to the Intellectual Property Office under this paragraph it may, after holding such inquiry as may be prescribed, grant to the applicant a license, not being an exclusive license, to produce and publish a translation of the work in the language mentioned in the application subject to the condition that the applicant shall pay to the owner of the copyright in the work royalties in respect of copies of the translation of the work sold to the public, calculated at such rate as the Intellectual Property Office may, in the circumstances of each case, determine in the prescribed manner, except that the royalties shall be consistent with the standards normally operating in the case of licenses freely negotiated between persons in Liberia and owners of translation rights in the country of the owner of the right of translation; and that the license shall not extend to the export of copies of the translation of the work outside Liberia and every copy of such translation shall contain a notice in the language of such translation that the copy is available for distribution only in Liberia. v) Subparagraph (iii) of this paragraph shall not apply to the export by the Government of Liberia or any authority under the Government, copies of such translation in language other than English to any country if such copies are sent to citizens of Liberia residing outside Liberia or to any association of such citizens outside Liberia; and such copies are meant to be used for purposes of teaching, scholarship or research and not for any commercial purpose in either case, the government of the country to which the copies are exported has agreed to the receipt or distribution or both, of the copies exported to that country. vi) No license shall be granted by the Intellectual Property Office under this paragraph until the expiration of whichever of the following periods is applicable one year from the date of first publication of the work where the application is for a license for translation into any language spoken in Liberia other than English, three years from the date of first publication of the work where the application is for a license for translation into English. No license shall be granted by the Intellectual Property Office unless the Intellectual Property Office is satisfied that no translation of the work into the language in question has been published in printed or analogous forms of reproduction, by or with the authorization of the owner of the right of translation, or that all previous editions in that language are out of print; the applicant has proved to the satisfaction of the Intellectual Property Office that he had requested and had been denied authorization by the owner of the copyright to 98