(a) A license to act as a port watchman shall continue indefinitely and need not be renewed, provided that the licensee shall meet the requirements of the Waterfront Commission Act and these rules and regulations for such license, and provided further, that the licensee shall comply with the following every three years:

1. (1) for all security officers and supervisory security officers:

   1. (i) submit to a medical examination and meet the physical and mental fitness standards in accordance with this Part;
   2. (ii) successfully complete yearly training, as required by section 5.10 of this Part; and
   3. (iii) submit supplementary personal history information;

2. (2) for all management security officers:

   1. (i) submit a certification from an employer that the licensee is employed in such a capacity; and

   2. (ii) submit supplementary personal history information.

      (b)

3. (1) The holder of a temporary permit as a port watchman need not apply for renewal of said permit, provided that the permittee shall comply with the requirements of subdivision (a) of this section.
4. (2) The license or temporary permit of any person who fails to comply with subdivision (a) of this section shall be cancelled, unless continued by the commission for good cause shown.