Adjustment, waiver, reduction or refund of fees
19.—(1) If after a capital or periodic fee was paid it becomes apparent that—
(a)a lesser fee was properly payable, the excess shall be refunded to the applicant or, as the case may be, the holder of the licence or certificate concerned; or
(b)a higher fee was properly payable, the balance due shall be payable within 14 days following written notice from the licensing authority to the applicant or, as the case may be, the holder of the licence or certificate concerned requiring payment of that balance.
(2) The licensing authority shall, to the extent provided in Schedule 5 in relation to capital fees or in Schedule 6 in relation to periodic fees,
(a)adjust, waive payment of, or reduce any fee or part of a fee otherwise payable under these Regulations; or
(b)refund the whole or part of any fee already paid.