Payment by instalments (Act s. 27(1)(a))
9A Payment by instalments (Act s. 27(1)(a))
If a notice made under section 27(1)(a) of the Act provides for the payment by instalments of an annual fee set out in that notice, the fee may be paid in 2 or 3 instalments in accordance with that notice.
If a fee referred to in subregulation (1) is to be paid by instalments, a surcharge of —
10% of that fee; or
any lesser percentage of that fee, if such a percentage is specified in the notice,
is payable with the first instalment.
If an instalment of a fee, including the surcharge if payable with the instalment, is not paid on or before the day specified in the notice (the due date) —
the full amount outstanding of the fee becomes immediately payable; and
the authority conferred by the lease, license or permit to which the fee applies is of no effect during the period from the due date until the day on which the full amount outstanding of the fee is paid.
In subregulation (3) —
full amount outstanding of the fee includes the surcharge payable under subregulation (2).
[Regulation 9A inserted: Gazette 18 Dec 1998 p. 6758.]
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