35Payment of warehouse licence charge in respect of the grant of a warehouse licence

35 Payment of warehouse licence charge in respect of the grant of a warehouse licence

(1) For section 85A of the Act, this section sets out when a warehouse licence charge in respect of the grant of a warehouse licence must be paid. Warehouse licence comes into force on 1 July (2) For a warehouse licence that comes into force on 1 July in a financial year and for which the amount of the warehouse licence charge is worked out under section 6D of the Customs Licensing Charges Act 1997, the charge must be paid: (a) in full before the end of that 1 July; or (b) in 4 equal instalments, before the end of that 1 July and the end of 1 October, 1 January and 1 April in that financial year. Warehouse licence comes into force on another day (3) For a warehouse licence that comes into force on a day in a financial year other than 1 July and for which the amount of the warehouse licence charge is worked out under section 6D of the Customs Licensing Charges Act 1997, the charge must be paid in accordance with the following table:

<table cellspacing="0" cellpadding="0" style="width:100%; border-collapse:collapse"><thead><tr><td colspan="3" style="border-top:1.5pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"><p class="TableHeading"><span>Payment of warehouse licence charge</span></p></td></tr><tr><td style="width:10.08%; border-top:0.75pt solid #000000; border-bottom:1.5pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"><p class="TableHeading"><span>Item</span></p></td><td style="width:44.96%; border-top:0.75pt solid #000000; border-bottom:1.5pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"><p class="TableHeading"><span>If the warehouse licence comes into force …</span></p></td><td style="width:44.96%; border-top:0.75pt solid #000000; border-bottom:1.5pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"><p class="TableHeading"><span>the warehouse licence charge must be paid …</span></p></td></tr></thead><tbody><tr><td style="width:10.08%; border-top:1.5pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"><p class="Tabletext"><span>1</span></p></td><td style="width:44.96%; border-top:1.5pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"><p class="Tabletext"><span>after 1</span><span> </span><span>July and before 2</span><span> </span><span>October</span></p></td><td style="width:44.96%; border-top:1.5pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"><p class="Tabletext" style="page-break-inside:avoid; page-break-after:avoid"><span>either in full before the end of the day the licence comes into force, or in the following instalments:</span></p><p class="Tablea"><span>(a) </span><span style="font-size:8pt; vertical-align:2pt">1</span><span>/</span><span style="font-size:8pt">2</span><span> of the amount of the charge before the end of the day the licence comes into force;</span></p><p class="Tablea"><span>(b) </span><span style="font-size:8pt; vertical-align:2pt">1</span><span>/</span><span style="font-size:8pt">4</span><span> of the amount of the charge before the end of the next 1</span><span> </span><span>January;</span></p><p class="Tablea"><span>(c) </span><span style="font-size:8pt; vertical-align:2pt">1</span><span>/</span><span style="font-size:8pt">4</span><span> of the amount of the charge before the end of the next 1</span><span> </span><span>April.</span></p></td></tr><tr><td style="width:10.08%; border-top:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"><p class="Tabletext"><span>2</span></p></td><td style="width:44.96%; border-top:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"><p class="Tabletext"><span>on or after 2</span><span> </span><span>October and before 2</span><span> </span><span>January</span></p></td><td style="width:44.96%; border-top:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"><p class="Tabletext" style="page-break-inside:avoid; page-break-after:avoid"><span>either in full before the end of the day the licence comes into force, or in the following instalments:</span></p><p class="Tablea"><span>(a) </span><span style="font-size:8pt; vertical-align:2pt">3</span><span>/</span><span style="font-size:8pt">4</span><span> of the amount of the charge before the end of the day the licence comes into force;</span></p><p class="Tablea"><span>(b) </span><span style="font-size:8pt; vertical-align:2pt">1</span><span>/</span><span style="font-size:8pt">4</span><span> of the amount of the charge before the end of the next 1</span><span> </span><span>April.</span></p></td></tr><tr><td style="width:10.08%; border-top:0.75pt solid #000000; border-bottom:1.5pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"><p class="Tabletext"><span>3</span></p></td><td style="width:44.96%; border-top:0.75pt solid #000000; border-bottom:1.5pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"><p class="Tabletext"><span>on or after 2</span><span> </span><span>January and on or before 30</span><span> </span><span>June</span></p></td><td style="width:44.96%; border-top:0.75pt solid #000000; border-bottom:1.5pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"><p class="Tabletext"><span>in full before the end of the day the licence comes into force.</span></p></td></tr></tbody></table>