3. Application for licence and fees
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(1) In this regulation—
“annual licence fees” means the annual fee under section 7 of the Act and regulation 5 of the regulations;
“prescribed licence fee” means the prescribed licence fee under section 6 of the Act.
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(2) A person who is applying for a licence under section 5 of the Act shall apply in the form as prescribed in form 1A or IB of Schedule 2 and shall furnish with such application fee the application fee prescribed in Schedule 1.
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(3) Where a licence is granted between—
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(a) 1 January and 31 March or on either of these dates, the prescribed licence fee payable on the grant of the licence shall be the full annual licence fee;
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(b) 1 April and 30 June or on either of these dates, the prescribed licence fee payable on the grant of the licence shall be 75% of the annual licence fee;
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(c) 1 July and 30 September or on either of these dates, the prescribed licence fee payable on the grant of the licence shall be 50% of the annual licence fee;
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(d) 1 October and 31 December or on either of these dates, the prescribed licence fee payable on the grant of the licence shall be 25% of the annual licence fee. (Substituted by S.I. 33/2001)