11.—(1) The holder of a permit–
(a)must pay a first annual fee of £50 to the issuing Licensing Board in accordance with paragraph (2) or (3); and
(b)must pay an annual fee of £50 to the issuing Licensing Board before each anniversary of the issue of the permit.
(2) Where a permit comes into effect on the issue date, the first annual fee for the permit shall be paid within 30 days after that date.
(3) Where a permit specifies that it is to come into effect on a date after the issue date, the first annual fee for the permit shall be paid within–
(a)the relevant period, or
(b)12 months,
after the issue date, whichever is sooner.
(4) In this regulation–
“the issue date” means the date on which a permit is issued, and
“the relevant period”, in relation to a permit, means the period which is equal to the sum of–
the period between the issue date and the date specified in the permit as that on which it is to come into effect, and
30 days.