A person applying for a class licence shall pay —
(a) the prescribed application fee set out in Schedule 2;
(b) on the granting of a class licence, the prescribed initial fee set out in Schedule 2; and
(c) on each anniversary date of the granting of the licence and throughout the duration of the licence, the prescribed annual fee set out in Schedule 2, except where it is payable as a percentage of gross annual revenue then the annual fee payment shall be due and payable within 45 days of the reporting year and shall be accompanied by a gross annual revenue report and supporting attachments that provide details of the calculation.