Upon receiving a finding from the Board recommending an application for tenancy for an Existing Business, for tenancy be approved, the Governor shall proceed to make his determination as to whether to approve the Board's findings. If 60 calendar days, excluding Sundays and holidays, have elapsed from the date of official receipt at Government House in the capital of the Board's findings, and the Governor has neither actively approved nor disapproved the issuance of benefits to the applicant, the issuance of said certificate shall be considered approved, and the board shall then proceed to issue the appropriate certificate.