Annual fee for licence under section 5 (Licensing of a person to run the National Lottery)

3.  The holder of a licence under section 5 of the 1993 Act shall pay —

(a) a first annual fee of £35,000 to the Commission within 12 months after the issue of the licence,

(b) an annual fee of £3,900 to the Commission before the first anniversary and before each subsequent anniversary of the issue of the licence.