275Variation of fees, charges and royalties

275 Variation of fees, charges and royalties

(1)  The Minister, if of the opinion that it is necessary or desirable to do so, may –

(a) [Section 275 Subsection (1) amended by No. 42 of 1998, s. 28, Applied:18 Dec 1998] extend the time for payment of any fee, levy, charge or royalty; or

(b) waive the whole or part of any fee, charge or royalty; or

(c) refund the whole or part of any fee, charge or royalty; or

(d) accept a lesser amount in place of the full fee, charge or royalty.

(2)  [Section 275 Subsection (2) amended by No. 42 of 1998, s. 28, Applied:18 Dec 1998] A licensee may apply to the Minister to extend the time for payment of any fee, levy, charge or royalty payable in respect of a licence held by that person.

(3)  An application is to be –

(a) in writing; and

(b) stating the reasons for the application.

(4)  The Minister may –

(a) grant the application; or

(b) refuse to grant the application.