(4) Where, for any purpose specified in another Act, a licence is required
under that other Act, it may be provided by or under that Act that this Act shall
apply to such licence and, notwithstanding anything to the contrary in that other
Act, the Authority may exercise its functions and powers in respect of such
licence as if it were a licence required under this Act.
Application for licence
21.
(1) An application for a licence shall be made to the Authority and shall
contain such particulars as may be prescribed.
(2) The Authority may, in writing, direct —
(a) a person who is required by this Act to hold a licence to apply
for a licence not later than a date specified in the direction;
(b) an applicant for a licence to furnish such particulars as the
Authority may consider necessary,
and such person or applicant, as the case may be, shall comply with the
direction.
Payment of licence fee
22.

(1) Where a licence under this Act is granted —
(a) for a period of one year, the licence fee for that year shall,
subject to paragraph (c), be paid before the grant of the licence;
(b) for a period in excess of one year —
(i) the licence fee for the whole period maybe paid
before the grant of the licence;
(ii) the licence fee for the first year of the period shall,
subject to paragraph (c), be paid before the grant of the
licence; and
(iii) the licence fee for each year subsequent to the first
year shall, subject to paragraph(c), be paid on or before
the beginning of each subsequent year;
(c) the Authority may permit the holder of the licence to pay the
licence fee in such instalments as may be determined by the
Authority.

(2) Where the holder of a licence fails to pay the licence fee or any
instalment thereof in accordance with subsection(1), the licence shall cease to be
valid on the date the fee or the instalment of the fee is due, without prejudice to
the right of the Authority to recover the fee or instalment due on the date the
licence ceased to be valid.

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