S.L. 628.1 Art. 66Licence fee.     S.L. 372.28.

(1) An association shall pay a non-refundable fixed annual licence fee as stipulated in Part A of the Third Schedule, upon the issue of a permit which shall be payable in advance for the first twelve (12) running months and every anniversary thereof, throughout the duration of the permit.

(2) Where any amount payable in terms of these regulations is not paid when due, interest shall be due and payable at the rate prescribed in rule 2 of the Income Tax (Interest Rate) Rules, which rate shall be applied to the unpaid amount for which the amount remains unpaid.