# The Medicines (Products for Animal Use—Fees) Regulations 1998, Paragraph 7: Wholesale dealer’s licences


(1) Subject to the following provision of this paragraph, the fee for an application for a wholesale dealer’s licence is £1,185.
(2) Where an applicant for a wholesale dealer’s licence anticipates that his turnover in his first calendar year of trading will be less than £40,000, he may pay a provisional fee of £480 if his payment is accompanied by an estimate of such turnover for that year, which shall, subject to the following provisions of this paragraph, be crystallised as his final fee for his application.
(3) Following the first anniversary of the grant of a wholesale dealer’s licence, where a wholesale dealer has sent with his application for a wholesale dealer’s licence such an estimate of turnover for his first calendar year of trading, he shall, together with his payment of the annual fee payable pursuant to regulation 13(1), send a declaration certifying his turnover for his first calendar year of trading.
(4) If either a declaration, as required by sub-paragraph (3) above, is not sent or the declaration, sent in accordance with sub-paragraph (3) above, shows that the wholesale dealer’s turnover for his first calendar year of trading was £40,000 or more, the wholesale dealer shall pay the balance in accordance with regulation 17(3)(b).
(5) Where a wholesale dealer has paid the full fee specified in sub-paragraph (1) above but his turnover for his first calendar year of trading was less than £40,000, if he sends a declaration certifying that turnover, the relevant authority shall refund the excess in accordance with regulation 17(3)(a).
(6) For the purposes of this paragraph, “turnover” has the same meaning as in regulation 13, “trading” means trading as a wholesale dealer, and “balance” and “excess” both mean the difference between the sum payable under sub-paragraph (1) and the sum payable under sub-paragraph (2) above.

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Source: https://www.legislation.gov.uk/uksi/1998/2428/schedule/1/part/2/paragraph/7 (the official version)
Page: https://openlegislation.uk/medicines-products-for-animal-usefees-regulations-1998/schedule-1/part-2/paragraph-7
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.