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53.—(1) Where any sum due by way of, or on account of, any fee or any part of a fee payable under these Regulations remains unpaid by the holder of a—
(a)product licence or a product licence of right;
(b)manufacturer’s licence;
(c)manufacturer’s authorisation; or
(d)wholesale dealer’s licence,
the licensing authority may serve a written notice on the holder requiring payment of the sum unpaid.
(2) If after a period of one month commencing on the date of service of the notice referred to in paragraph (1), or such longer period as the licensing authority may allow, the said sum remains unpaid, the licensing authority may forthwith suspend the licence or, as the case may be, the authorisation until such sum has been paid.
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