6DAmount of warehouse licence charge—general

6D Amount of warehouse licence charge—general

Grant of licence (1) The amount of warehouse licence charge payable in respect of the grant of a warehouse licence is: (a) for the grant of a warehouse licence that comes into force on a 1 July—$4,000, or, if another amount not exceeding $6,000 is prescribed, that other amount; or (b) for the grant of a warehouse licence that comes into force on a day in a financial year other than 1 July—the amount worked out using the formula: start formula amount applicable under paragraph (a) times start fraction number of days remaining in the financial year, starting on the day the licence comes into force over number of days in the financial year end fraction end formula Renewal of licence (2) The amount of warehouse licence charge payable in respect of the renewal of a warehouse licence is $4,000, or, if another amount not exceeding $6,000 is prescribed, that other amount.