When supplementary annual fee payable
174 When supplementary annual fee payable
This section applies if—
a person makes an amendment application for an environmental authority; and
the administering authority decides to approve the application; and
the annual fee payable for the amended environmental authority is higher than the annual fee paid for the environmental authority before the decision.
The holder of the environmental authority must, within 20 business days after the amendment application is approved, pay the administering authority a supplementary annual fee worked out using the following formula—where—
S is the amount of the supplementary annual fee.
A is the amount of the annual fee payable for the amended environmental authority.
P is the amount of the annual fee paid for the environmental authority before the decision.
N is the number of days from the day the authority was amended in accordance with the amendment application until the next anniversary day for the authority.
If the holder does not pay the supplementary annual fee in full within the 20 business days, the administering authority may recover any unpaid amount of the supplementary annual fee as a debt owed to the authority.
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