17Exemptions from fees payable under regulations

17 Exemptions from fees payable under regulations

(1)  The Board, at its own discretion or on receipt of an application in accordance with subregulation (2) , may exempt a person or an applicant from liability to pay all or part of a fee prescribed in these regulations.

(2)  An application is to –

(a) be in a form approved by the Board; and

(b) be accompanied by any documents that the Board considers appropriate; and

(c) contain any additional information that the Board considers appropriate.

(3)  In determining whether or not to grant an exemption, the Board may take into consideration any matters that it considers relevant.

(4)  An exemption –

(a) takes effect from a day specified by the Board; and

(b) is to be notified to the applicant; and

(c) is for a period specified by the Board; and

(d) is subject to any conditions that the Board considers appropriate.

(5)  The Board may vary or revoke an exemption –

(a) if the person in respect of whom the exemption was granted fails to comply with any condition imposed on the exemption; or

(b) if the Board otherwise considers it appropriate to do so.

(6)  Within 14 days after varying or revoking an exemption, the Board is to provide notice in writing of the variation or revocation to the person granted the exemption.

(7)  Notice of the variation or revocation of an exemption is to specify –

(a) the details of the variation or revocation; and

(b) the day on which the variation or revocation takes effect; and

(c) for a notice of the revocation of an exemption, the period during which the person may not re-apply for the exemption.