Customs Regulation 2015
View history note
Hide history noteFor section 85A of the Act, this section sets out when a warehouse licence charge in respect of the grant of a warehouse licence must be paid.
Warehouse licence comes into force on 1 July
35(2)
For a warehouse licence that comes into force on 1 July in a financial year and for which the amount of the warehouse licence charge is worked out under section 6D of the Customs Licensing Charges Act 1997 , the charge must be paid:
(a) in full before the end of that 1 July; or
(b) in 4 equal instalments, before the end of that 1 July and the end of 1 October, 1 January and 1 April in that financial year.
Warehouse licence comes into force on another day
35(3)
For a warehouse licence that comes into force on a day in a financial year other than 1 July and for which the amount of the warehouse licence charge is worked out under section 6D of the Customs Licensing Charges Act 1997 , the charge must be paid in accordance with the following table:
| Payment of warehouse licence charge | |||
| Item | If the warehouse licence comes into force … | the warehouse licence charge must be paid … | |
| 1 | after 1 July and before 2 October | either in full before the end of the day the licence comes into force, or in the following instalments: | |
| (a) | 1/2 of the amount of the charge before the end of the day the licence comes into force; | ||
| (b) | 1/4 of the amount of the charge before the end of the next 1 January; | ||
| (c) | 1/4 of the amount of the charge before the end of the next 1 April. | ||
| 2 | on or after 2 October and before 2 January | either in full before the end of the day the licence comes into force, or in the following instalments: | |
| (a) | 3/4 of the amount of the charge before the end of the day the licence comes into force; | ||
| (b) | 1/4 of the amount of the charge before the end of the next 1 April. | ||
| 3 | on or after 2 January and on or before 30 June | in full before the end of the day the licence comes into force. |
Dual-licensed place
35(4)
For a warehouse licence for which the amount of the warehouse licence charge is worked out under section 6E of the Customs Licensing Charges Act 1997 , the charge must be paid in full before the end of the day the licence comes into force.
Election to pay in full or by instalments
35(5)
If, under this section, a warehouse licence charge may be paid in full or in instalments, the person or partnership liable to pay the charge must, by notice given to the Comptroller-General of Customs, elect to pay the charge in full or in instalments.
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