Radiocommunications (Charges) Determination 2006
19Part 8 of Schedule 2 — issue or renewal of licence for more than 12 months
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19 Part 8 of Schedule 2 — issue or renewal of licence for more than 12 months
If a licence mentioned in column 2 of an item in Part 8 of Schedule 2 (the reference item) is issued or renewed for a period of more than 12 months, the charge in respect of the issue or renewal of the licence is the sum of:
(a) for the first year in the period — the amount set out in column 3 of the item; and
(b) for each additional complete year (if any) in the period — the amount set out in column 3 of the item, reduced by the minimum charge; and
(c) for a part of a year (if any) in the period — an amount worked out using Table 6.
Table 6
| Step 1 Work out an amount using the formula:(AC – minimum charge) x D365where:AC is the amount set out in column 3 of the reference item.D is the number of days in the part of the year.Step 2 Round the amount to the nearest dollar in accordance with section 22. |
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