sec.243Authority granted for shorter term

sec.243 Authority granted for shorter term

This section applies if— an applicant has paid the licensing fee for an application for a substance authority for a medicine for a particular term (the proposed term ); and the application is granted for a period (the granted term ) that is shorter than the proposed term. The chief executive must refund the applicant the amount that is the proportion of the paid licensing fee attributable to the number of months, rounded up to whole months, that is the difference between the proposed term and granted term. No refund is payable if the amount under subsection (2) is zero or less than zero. (sec.243-ssec.1) This section applies if— an applicant has paid the licensing fee for an application for a substance authority for a medicine for a particular term (the proposed term ); and the application is granted for a period (the granted term ) that is shorter than the proposed term. (sec.243-ssec.2) The chief executive must refund the applicant the amount that is the proportion of the paid licensing fee attributable to the number of months, rounded up to whole months, that is the difference between the proposed term and granted term. (sec.243-ssec.3) No refund is payable if the amount under subsection (2) is zero or less than zero.

• (a) an applicant has paid the licensing fee for an application for a substance authority for a medicine for a particular term (the proposed term ); and
• (b) the application is granted for a period (the granted term ) that is shorter than the proposed term.