# The Medicines (Products for Human Use) (Fees) Regulations 2016, Regulation 55: Daily penalty fees for late payment of periodic fees


If the periodic fee and penalty fee under regulation 54 (“the outstanding amount”) have not been paid within a period of 90 days commencing on the date of the written notice issued by the licensing authority, the amount of penalty fee payable shall be the amount specified in regulation 54 (3) plus £5 for each day of the period which—
(a) begins with the day 90 days from the date of the written notice; and
(b) ends with the day before that on which payment of the outstanding amount is actually made.

---
Source: https://www.legislation.gov.uk/uksi/2016/190/regulation/55 (the official version)
Page: https://openlegislation.uk/medicines-products-for-human-use-fees-regulations-2016/regulation-55
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.