SCHEDULE 7WAIVER, REDUCTION OR REFUND OF CAPITAL FEES

Withdrawal of application in relation to a certificate of registration5

Where a person withdraws an application for the grant of a certificate of registration before it has been determined by the licensing authority the following percentage of the fee otherwise payable under regulation 41 of these Regulations shall be refunded, or if it has not yet been paid, shall be waived—

a

if the application has been received but no medical, scientific or pharmaceutical assessment of the application has begun, 90%;

b

if medical, scientific or pharmaceutical assessment of the application has begun but has not been completed, 50%;

c

if medical, scientific or pharmaceutical assessment or consideration by the Board of the application has been completed, no refund or waiver of the fee shall be made.