# The Medicines (Products for Animal Use—Fees) Regulations 1998, Paragraph 2


In the case of a business with a turnover of less than £2,800,000, the fee payable shall, subject to paragraph 4 and Part III of this Schedule, be £205 or 0.63% of annual turnover, whichever is the greater, except that a business with no turnover shall be exempt from any annual fee.

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Source: https://www.legislation.gov.uk/uksi/1998/2428/schedule/3/part/II/paragraph/2 (the official version)
Page: https://openlegislation.uk/medicines-products-for-animal-usefees-regulations-1998/schedule-3/part-II/paragraph-2
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.