292IPayment of annual administrative levy

#### 292I Payment of annual administrative levy 292I Payment of annual administrative levy > > (1) The administrative levy payable under this Part for an authorisation, other than a small-scale title, is an annual administrative levy. > > > (2) An annual administrative levy must be paid for each year the authorisation continues in force. > > > (3) An annual administrative levy must be paid before the grant of an authorisation. > > > (4) Subsequent annual administrative levies must be paid by— > > > > > (a) the date specified by the Secretary by written notice given to the person liable to pay the fee, or > > > > > (b) if no date is specified—the date prescribed by, or determined in accordance with, the regulations for the purposes of this section. > > > (5) In subsection (3), a reference to the granting of an authorisation includes a reference to the taking of action under this Act as a result of which an authorisation is taken to have been granted under this Act. > > > > Note— > > > > For example, a partial transfer of an authorisation cannot be registered under section 122(5) until the administrative levy is paid. > > **s 292I:** Ins 2012 No 46, Sch 5.2 \[40\]. Subst 2022 No 21, Sch 1\[115\].