An amount of levy on the grant of a licence becomes due and payable:
(a) where AFMA has, under section 115, made arrangements with a person by whom the amount of levy is or will become payable in relation to the time for payment of the amount of levy or any part of that amount--in accordance with the arrangements; and
(b) in any other case--at the end of the period of 30 days after the grant of the licence.