sec.36APayment of roll fee for up to 5 years

sec.36A Payment of roll fee for up to 5 years

Despite section 36 (1) , a registered valuer may pay the roll fee for up to 5 years in advance. If particulars of a valuer are removed from the register under section 37 (2) , the board may refund any roll fee paid for a period after the next annual renewal day after the removal. If a roll fee has been paid for a period after the next annual renewal day and the prescribed roll fee for the period is a different amount to the amount paid, the board may— if the prescribed roll fee is less than the amount already paid—refund the difference between the roll fee already paid and the prescribed roll fee; or if the prescribed roll fee is more than the amount already paid—require payment of the difference between the roll fee already paid and the prescribed roll fee. s 36A ins 2001 No. 62 s 13 (sec.36A-ssec.1) Despite section 36 (1) , a registered valuer may pay the roll fee for up to 5 years in advance. (sec.36A-ssec.2) If particulars of a valuer are removed from the register under section 37 (2) , the board may refund any roll fee paid for a period after the next annual renewal day after the removal. (sec.36A-ssec.3) If a roll fee has been paid for a period after the next annual renewal day and the prescribed roll fee for the period is a different amount to the amount paid, the board may— if the prescribed roll fee is less than the amount already paid—refund the difference between the roll fee already paid and the prescribed roll fee; or if the prescribed roll fee is more than the amount already paid—require payment of the difference between the roll fee already paid and the prescribed roll fee.

• (a) if the prescribed roll fee is less than the amount already paid—refund the difference between the roll fee already paid and the prescribed roll fee; or
• (b) if the prescribed roll fee is more than the amount already paid—require payment of the difference between the roll fee already paid and the prescribed roll fee.