Prescribed fees
4.—(1) For the financial year commencing on 1st April 2008, payment to the Commissioner of the prescribed fee, calculated in accordance with paragraphs (3) and (4), by roads authorities and relevant undertakers is a condition of access to the SRWR as mentioned in section 112A(3) of the Act.
(2) Payments due to the Commissioner under this regulation shall be made within 90 days of receipt of the invoice from the Commissioner.
(3) For each roads authority, the prescribed fee for the purposes of section 112A(4)(a) of the Act shall be calculated in accordance with the formula–
where–
R is the figure shown in column 2 of Schedule 2 for the roads authority specified in column 1 of that Schedule to which the calculation relates; and
£A is the total amount payable to the Commissioner by way of prescribed amounts pursuant to regulation 3 for the financial year commencing on 1st April 2008.
(4) For each relevant undertaker, the prescribed fee for the purposes of section 112A(4)(a) of the Act shall be calculated in accordance with the formula–
where–
N is the number of notices entered in the register kept by roads authorities prior to the establishment of the SRWR by the relevant undertaker to which the calculation relates over the 3 year period ending on 31st December 2007;
TN is the total number of notices entered in the register kept by roads authorities prior to the establishment of the SRWR by all relevant undertakers over that same 3 year period; and
£A is the total amount payable to the Commissioner by way of prescribed amounts pursuant to regulation 3 for the financial year commencing on 1st April 2008.