40.—(1) The annual fee for a wholesale dealer’s authorisation, payable on the anniversary of the grant of the authorisation, is—
(a)£320; or
(b)£210 if the holder certifies when making the payment that his turnover during the previous year was less than £35,000.
(2) 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.