18.—(1) SEPA must determine the amount of the cessation fee and the new manager fee to be included in its charging scheme having regard to the likely cost to SEPA of performing SEPA’s functions under section 15 of the Act.
(2) A notice under section 15(1) or (2) of the Act must be accompanied by the cessation fee or, as the case may be, the new manager fee.
(3) SEPA must not charge a cessation fee or a new manager fee in respect of any notice under section 15(1) or (2) of the Act which is given to SEPA before 1st October 2015.