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Paragraph 3 Repayment of fees

Original text. Later amendments are not shown.

(1)

A repayment of part of a relevant payment in accordance with this rule must be made by the Registrar no later than 31st December 2012.

(2)

A “relevant payment” is a payment, in whole or in part, of a fee in relation to the registration year 2012 where the fee was prescribed in paragraphs 1(b), 3(b), 4(b) or 5(b) of Schedule 2 to the Registration Rules (“Schedule 2”) before the relevant date.

(3)

Where a relevant payment was made in full before the relevant date, the sum to be repaid is—

(a)

£500 in the case of a fee which was prescribed in paragraph 1(b), 4(b) or 5(b) of Schedule 2 before the relevant date; or

(b)

£200 in the case of a fee which was prescribed in paragraph 3(b) of Schedule 2 before the relevant date.

(4)

Where a relevant payment made before the relevant date was not made in full, the sum to be repaid (if any) is the sum mentioned in paragraph (3)(a) or (b) (as the case may be) reduced by the amount by which the relevant payment fell short of the sum prescribed in paragraph 1(b), 3(b), 4(b) or 5(b) (as the case may be) of Schedule 2 before the relevant date.