10. Fees
Feedback & supportLast amended by an amending law of 2010. 2 amendments in all.
The fee payable for a Dealer’s Individual Licence shall be as follows:
$250 for the first 5 years or part thereof of that licence; and
$250 for every subsequent period of 5 years or part thereof for the duration of that licence.
The fee payable for a Dealer’s Class Licence held by any person who is carrying on any business or trade as a dealer shall be $50.
Payment of fees in respect of a Dealer’s Individual Licence shall be made —
in respect of a fee referred to in paragraph (1)(a), within 90 days of the notification under regulation 4(4) that the application for a Dealer’s Individual Licence is successful; and
in respect of a fee referred to in paragraph (1)(b), on or before the commencement of the subsequent period of 5 years.
Payment of fees in respect of a Dealer’s Class Licence shall be made within 90 days of the date of the registration under regulation 3(5).
If any fee remains unpaid after the date by which such fee should have been paid as referred to in paragraph (3)(b), the following late payment fee shall be charged:
where the fee is paid after 7 days but before 15 days following the date by which such fee should have been paid, $10;
where the fee is paid after 14 days but before 31 days following the date by which such fee should have been paid, $20; and
where the fee is paid after 30 days following the date by which such fee should have been paid, $50.
It shall be a condition of a licence that the fee referred to in paragraph (1)(b) or (2), as the case may be, shall be paid in accordance with this regulation.
Subregulation 1
The fee payable for a Dealer’s Individual Licence shall be as follows:
$250 for the first 5 years or part thereof of that licence; and
$250 for every subsequent period of 5 years or part thereof for the duration of that licence.
Subregulation 2
The fee payable for a Dealer’s Class Licence held by any person who is carrying on any business or trade as a dealer shall be $50.
Subregulation 3
Payment of fees in respect of a Dealer’s Individual Licence shall be made —
in respect of a fee referred to in paragraph (1)(a), within 90 days of the notification under regulation 4(4) that the application for a Dealer’s Individual Licence is successful; and
in respect of a fee referred to in paragraph (1)(b), on or before the commencement of the subsequent period of 5 years.
Subregulation 4
Payment of fees in respect of a Dealer’s Class Licence shall be made within 90 days of the date of the registration under regulation 3(5).
Subregulation 5
If any fee remains unpaid after the date by which such fee should have been paid as referred to in paragraph (3)(b), the following late payment fee shall be charged:
where the fee is paid after 7 days but before 15 days following the date by which such fee should have been paid, $10;
where the fee is paid after 14 days but before 31 days following the date by which such fee should have been paid, $20; and
where the fee is paid after 30 days following the date by which such fee should have been paid, $50.
Subregulation 6
It shall be a condition of a licence that the fee referred to in paragraph (1)(b) or (2), as the case may be, shall be paid in accordance with this regulation.