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The Marine Licensing (Application Fees) Regulations (Northern Ireland) 2011
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- Northern Ireland Statutory Rules
- 2011 No. 77
- Regulation 5
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Applications made on or after 1st April 2012
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5.—(1) The fees payable in respect of applications are to be varied with effect from 1st April each year and the fee to accompany an application made on or after 1st April 2012 is to be determined in accordance with paragraph (2).
(2) The fee payable in respect of an application is to be determined in accordance with the formula —
where —
“A” is the amount that would have been payable had the application of the kind in question been made in the licensing year prior to the licensing year in which the application is made;
“B” is the Gross Domestic Product Deflator Index for February in the licensing year immediately before the licensing year in which the application is made; and
“C” is the Gross Domestic Product Deflator Index figure for February in the licensing year finishing a year before the start of the licensing year in which the application is made.
(3) In paragraph (2), “licensing year” means the period of 12 months starting on the 1st April.
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