FEES 1.2.3

When a fee is not paid in full on or before the due date or within the prescribed period, such non-payment incurs a late payment fee of:

(a) $1,000; or
(b) an amount equivalent to 3% of the annual fee due,

whichever is the greater. In addition the annual fee due shall be increased by 1% for each calendar month, or part of a calendar month, that it remains outstanding beyond the due date.