Annual fees for licences under section 6 (Licensing of persons to promote lotteries as part of the National Lottery)

4.  Subject to regulations 5 and 6, the holder of a licence under section 6 of the 1993 Act to promote lotteries shall pay —

(a)a first annual fee of £2,500 to the Commission within 12 months after the issue of the licence, and

(b)an annual fee of £2,500 to the Commission before the first anniversary and before each subsequent anniversary of the issue of the licence.