Regulation 7 Amendment of regulation 16 of the principal Regulations

Regulation 16 of the principal Regulations (time for payment of capital fees in connection with applications or inspections), shall be amended in accordance with the following paragraphs of this regulation.

In paragraph (1), for “paragraph (2)” there shall be substituted “paragraphs (1A) and (2)”.

After paragraph (1), there shall be inserted the following paragraph–

“(1A)

Subject to regulations 17 and 19, in connection with an application for renewal of a product licence referred to in regulation 9A and in respect of which a fee is payable under paragraph (1) of that regulation, the capital fee shall, if the applicant so requests in writing, be payable–

(a)

as to 25% of the fee payable on the date on which the application for renewal is made; and

(b)

as to the remaining 75%, 6 months after that date or within 30 days following written notice from the licensing authority that the application has been determined, whichever shall be the earlier.”.