No. What I was referring to earlier was to deal with instances when the delay in declaration of results(OMR) became a problem at the time of license application, so you could submit your license application with a letter stating that the results are awaited. Now not an issue as the date of exam and the result coincide.
So as per the CAR's section 7
Latest Revision 12 Nov 2010
Subject : ELIGIBILITY CRITERIA FOR WRITTEN EXAMINATIONS FOR
ISSUE/ EXTENSION OF FLIGHT CREW LICENSES/RATINGS.
6.6 "....for issue of CPL and ATPL, such period shall be five years."