The Veterinary Medicines Regulations 2007

Application for a wholesale dealer’s authorisation

38.—(1) The fee for an application for a wholesale dealer’s authorisation is—

(a) £1,590, or;

(b) £710 if the application is accompanied by an estimate that the first year’s turnover will be less than £40,000.

(2) If the applicant paid a fee of £710, he must send a declaration of his turnover for the first year of trading on the anniversary of the grant of the authorisation, and if the figure is more than £40,000 he must pay the balance of £880 within 30 days.

(3) If the applicant paid £1,590 but his turnover for the first year of trading was lower than £40,000, if he sends a declaration certifying the turnover, the Secretary of State must refund the excess.

(4) Nothing in this paragraph limits the powers of an inspector to examine financial records.

(5) In this paragraph “turnover” means the gross value of all veterinary medicinal products (whether or not authorised for use in the United Kingdom) sold by way of wholesale dealing by the holder in the United Kingdom.