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CONVEYANCERS ACT 2006 - SECT 35 Annual licence fee and statement

CONVEYANCERS ACT 2006 - SECT 35

Annual licence fee and statement

    (1)     A licensee must pay to the Authority the prescribed annual licence fee on the anniversary of the day on which the licensee was last granted a licence under this Act.

    (2)     An annual licence fee may be paid at any time in the 6 weeks before it falls due.

    (3)     The payment must be accompanied by a statement in respect of the year up to the day that the payment is made that is in a form approved by the Authority.

    (4)     The annual statement must—

        (a)     contain any information required by the Authority; and

        (b)     be accompanied by—

              (i)     evidence that the licensee will be covered by the required professional indemnity insurance for the next 12 months; and

              (ii)     any other documents required by the Authority.