24Continuity fees

24 Continuity fees

(1)  An accredited operator must, by the day specified by the Commission, in a notice to the accredited operator, as the day by which the fees are to be paid, pay the prescribed continuity fees, if any.

(2)  If an accredited operator fails to pay under subsection (1) a continuity fee by the day specified, in the notice under that subsection to the accredited operator, as the day by which the fee is to be paid –

(a) the Commission, by notice to the accredited operator, may demand that the accredited operator pay the continuity fee by a day specified in the notice under this paragraph; and

(b) the accreditation of the accredited operator –

(i) is suspended at the end of the day specified in the notice under paragraph (a) if, at that time, the continuity fee remains unpaid; and

(ii) remains so suspended until the continuity fee is paid by the accredited operator.