(4) Subsequent annual administrative levies must
be paid by--
(a) the date specified by the Secretary by written notice given
to the person liable to pay the fee, or
(b) if no date is specified--the date
prescribed by, or determined in accordance with, the regulations for the
purposes of this section.
(5) In subsection (3), a reference to the granting
of an authorisation includes a reference to the taking of action under this
Act as a result of which an authorisation is taken to have been granted under
this Act.
Note--: For example, a partial transfer of an authorisation cannot
be registered under section 122(5) until the administrative levy is paid.