168Consideration and fees for CMS licence or links licences

#### 168 Consideration and fees for CMS licence or links licences 168 Consideration and fees for CMS licence or links licences > > (1) The Minister may determine that an amount is payable as consideration for the grant of a CMS licence or links licence. Different amounts may be determined for different licences. > > > (2) The Minister may determine a periodic licence fee for a CMS licence or links licence. Any such fee is payable in accordance with the regulations. > > > (3) The Minister can accept payment of an amount of consideration payable under this section by payment in money or by the issue of shares. > > > (4) A CMS licence or links licence for which an amount of consideration has been determined to be payable under this section is not to be granted until the amount has been paid or arrangements satisfactory to the Minister have been made for its payment. > > > (5) The regulations may make provision for or with respect to any fee payable under this section and in particular may provide for any of the following— > > > > > (a) the periods in respect of which a fee is payable, > > > > > (b) times for payments of fees, > > > > > (c) payment by instalments, > > > > > (d) penalties for late payment, > > > > > (e) suspension or cancellation of a licence for failing to pay a fee, > > > > > (f) the circumstances in which a fee (or part of a fee) may be refunded.