8Exemptions from variable fees at Board's discretion

8 Exemptions from variable fees at Board's discretion

(1)  The Board, at its own discretion, may exempt a person from liability to pay all or part of a variable fee referred to in regulation 4(1)(b) , regulation 4(3) , regulation 5(1) or regulation 6(1)  –

(a) by notice in writing provided to the person; and

(b) with effect from a day specified in the notice; and

(c) for a period specified in the notice; and

(d) with or without any conditions specified in the notice that the Board considers appropriate.

(2)  The Board may vary or revoke an exemption granted under subregulation (1) if the Board considers it appropriate to do so.

(3)  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 specifying the day on which the variation or revocation takes effect.