{
  "url": "https://openlegislation.uk/veterinary-medicines-regulations-2007/schedule-7/paragraph-24",
  "json_url": "https://openlegislation.uk/veterinary-medicines-regulations-2007/schedule-7/paragraph-24.json",
  "legislation": "uksi/2007/2539",
  "legislation_title": "The Veterinary Medicines Regulations 2007",
  "legislation_url": "https://openlegislation.uk/veterinary-medicines-regulations-2007",
  "path": "schedule/7/paragraph/24",
  "kind": "paragraph",
  "number": "24",
  "heading": "Annual fees for marketing authorisations",
  "text": "(1) Within 30 days of receiving a written demand from the Secretary of State, a holder of a marketing authorisation must provide him with a statement of his turnover for the previous calendar year; and, if specified in the demand, an audit certificate relating to the turnover.\n(2) When he provides the statement of his turnover he must pay an annual fee, rounded up to the next £10, of—\n£0.67T100+£225n where T is the annual turnover in the previous calendar year and n is the number of active marketing authorisations held at any time during the previous calendar year.\n(3) In the case of an authorisation holder with a turnover relating to all marketing authorisations held of less than £220,000, the amount, rounded up to the next £10, is—\n£0.67T100+£170n where T is the annual turnover in the previous calendar year and n is the number of active marketing authorisations held at any time during the previous calendar year.\n(4) In this paragraph—\n“turnover” means the gross value at manufacturers' prices of all authorised veterinary medicinal products sold or supplied in the United Kingdom;\n“manufacturers' prices” means the prices charged for authorised products by manufacturers to wholesalers, except to the extent that—\n(a) the products are supplied by manufacturers direct to retailers, in which case it means the prices charged for the products by the manufacturers to the retailers reduced by such sum as, in the opinion of the Secretary of State, represents the difference between the prices paid by the retailers and those which could be expected to be charged by the manufacturers to wholesalers according to the practice prevailing during the period in question with regard to such products;\n(b) a marketing authorisation holder sells or supplies products that he has neither manufactured nor obtained from the manufacturer, in which case it means the prices paid by him for those products.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2007/2539/schedule/7/paragraph/24",
    "retrieved_at": "2026-10-29T03:44:29.692897+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}