sec.19Refund of licence fee

### sec.19 Refund of licence fee The commission may refund the unexpired part of the licence fee paid by a licensee if— the licensee surrenders the licence before the expiry day for the licence; or the licensee dies during the licence period. The unexpired part is the amount worked out using the formula— where— LF means the licence fee paid by the licensee, whether for a 1 year or a 3 year period. WM means the number of whole months before the expiry date for the licence. Y means the number of years for which the licence was renewed. For subsection (2) , a whole month means a month beginning on the day of the calendar month on which the licence was issued and ending on the day before the corresponding day of the next calendar month. for a licence issued on 1 September in a year—a month beginning on the first day of any month and ending on the last day of that month for a licence issued on 7 March in a year—a month beginning on the seventh day of any month and ending on the sixth day of the next month (sec.19-ssec.1) The commission may refund the unexpired part of the licence fee paid by a licensee if— the licensee surrenders the licence before the expiry day for the licence; or the licensee dies during the licence period. (sec.19-ssec.2) The unexpired part is the amount worked out using the formula— where— LF means the licence fee paid by the licensee, whether for a 1 year or a 3 year period. WM means the number of whole months before the expiry date for the licence. Y means the number of years for which the licence was renewed. (sec.19-ssec.3) For subsection (2) , a whole month means a month beginning on the day of the calendar month on which the licence was issued and ending on the day before the corresponding day of the next calendar month. for a licence issued on 1 September in a year—a month beginning on the first day of any month and ending on the last day of that month for a licence issued on 7 March in a year—a month beginning on the seventh day of any month and ending on the sixth day of the next month - (a) the licensee surrenders the licence before the expiry day for the licence; or - (b) the licensee dies during the licence period. - • for a licence issued on 1 September in a year—a month beginning on the first day of any month and ending on the last day of that month - • for a licence issued on 7 March in a year—a month beginning on the seventh day of any month and ending on the sixth day of the next month