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PROFESSIONAL STANDARDS REGULATIONS 2017 - REG 8 Interest payable on overdue fees

PROFESSIONAL STANDARDS REGULATIONS 2017 - REG 8

Interest payable on overdue fees

If any amount of the annual fee or an additional member fee is not paid by an occupational association within 30 days after it is due, simple interest accruing at the rate of 0·05% per day is payable by the occupational association to the Council on the outstanding balance until that balance is paid.