- Latest available (Revised)
- Original (As made)
This is the original version (as it was originally made).
6.—(1) The Secretary of State may require a licensee to pay a deposit of such amount as the Secretary of State may determine on account of the fee payable.
(2) Subject to paragraph (3), the amount of the deposit must be calculated by reference to the estimated duration of the work likely to be required in relation to the application and the hourly rate payable.
(3) In relation to any application which falls within Band 3 in the Schedule, the amount of the deposit may not exceed £10,000.
(4) If an application fails to comply with a requirement to pay a deposit made under paragraph (1), the Secretary of State may—
(a)refuse to proceed with the application, or
(b)refuse to proceed with it until the deposit is paid in full.
Latest Available (revised):The latest available updated version of the legislation incorporating changes made by subsequent legislation and applied by our editorial team. Changes we have not yet applied to the text, can be found in the ‘Changes to Legislation’ area.
Original (As Enacted or Made): The original version of the legislation as it stood when it was enacted or made. No changes have been applied to the text.
Explanatory Memorandum sets out a brief statement of the purpose of a Statutory Instrument and provides information about its policy objective and policy implications. They aim to make the Statutory Instrument accessible to readers who are not legally qualified and accompany any Statutory Instrument or Draft Statutory Instrument laid before Parliament from June 2004 onwards.
Access essential accompanying documents and information for this legislation item from this tab. Dependent on the legislation item being viewed this may include:
Impact Assessments generally accompany all UK Government interventions of a regulatory nature that affect the private sector, civil society organisations and public services. They apply regardless of whether the regulation originates from a domestic or international source and can accompany primary (Acts etc) and secondary legislation (SIs). An Impact Assessment allows those with an interest in the policy area to understand:
Use this menu to access essential accompanying documents and information for this legislation item. Dependent on the legislation item being viewed this may include:
Click 'View More' or select 'More Resources' tab for additional information including: