The fees payable under
this Part by the holder of a licence referred to in this Part for use of an
SEF must be paid in advance —
(a) if
the holder was lawfully using the SEF immediately before 1 May 2012,
before 1 May in each year;
(b) in
any other case, before —
(i)
the first day on which the holder is authorised to use
the SEF; and
(ii)
subsequently, before 1 May in each year.
[Regulation 187 inserted: Gazette
16 Mar 2012 p. 1268.]