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Regulation 11 Payment of charges etc

Original text. Later amendments are not shown.

(1)

Subject to paragraph (3), a person must pay the charge for or in connection with the performance of a chargeable function for which they are liable within 30 days from the date on which the request for payment of that charge is issued to them by the regulator.

(2)

Any request for payment under paragraph (1) must include—

(a)

a statement of the work done and the costs incurred by the regulator in the performance of the chargeable function;

(b)

a statement of any work done and the costs incurred by a relevant authority (within the meaning of section 13 of the 2022 Act) or other person for or in connection with the performance of the chargeable function;

(c)

the period to which any statement of work under sub-paragraph (a) relates; and

(d)

the provision of the charging scheme under which the charge has been determined.

(3)

Where—

(a)

an application is submitted to the regulator, and the charging scheme provides for a charge in relation to that application to be paid upfront, the person submitting the application must pay that charge when they submit the application;

(b)

a notification or request is sent to the regulator, and in relation to which the charging scheme provides for a charge to be paid upfront, the person sending the notification or request must pay that charge when they send the notification or request.

(4)

The regulator may require that the total amount of charges for the performance of a chargeable function is paid before the regulator performs that chargeable function or issues a notification of the outcome of its determination or a certificate, as applicable.

(5)

The regulator may refund, in whole or in part, any charge paid.