(1) A regulation may fix the methods to be used for the payment of fees payable under this Act.
(2) A method to be used for the payment of fees fixed by either of the following is an approved payment method for the fee—
(a) a regulation under subsection (1);
(b) the chief executive in an approved form under section 207(2).
(3) However, if a regulation and the chief executive inconsistently fix the methods to be used for the payment of a fee, the approved payment method for the fee is the method fixed by the regulation.