25—Fee payable before grant of accreditation
Before a producer of a particular class is granted accreditation, the producer
must pay a fee of an amount calculated by multiplying—
(a) the
periodic fee that would have been payable by or on behalf of the producer had
the producer been an accredited producer of that class at the last date for
payment of the periodic fee by producers of that class; and
(b) the
following proportion:
(i)
if the periodic fee is a monthly fee—the proportion
that the number of whole days between the grant of accreditation and the first
day of the next month bears to the total number of days in the month during
which accreditation is granted;
(ii)
if the periodic fee is an annual fee—the proportion
that the number of whole months between the grant of accreditation and the
next 30 June bears to 12 months.