(1) This regulation is made for sections 110 and 111 of the Management Act.
(2) Levy payable for the leviable HIMI SFRs held by a person may be paid in 2 equal instalments.
(3) If levy is paid by making 1 payment of the full amount due, that payment is due and payable on the later of:
(a) 15 March 2006; and
(b) 28 days after the invoice date for the levy.
(4) If levy is paid as 2 instalments:
(a) the first instalment is due and payable on the later of:
(i) 15 March 2006; and
(ii) 28 days after the invoice date for the levy; and
(b) the second instalment is due and payable on the later of:
(i) 15 June 2006; and
(ii) 28 days after the invoice date for the instalment.