Fees, Invoicing & Payment Framework
This guidance explains how regulatory fees are assessed, invoiced, paid, and recorded under the Neves licensing framework.
Purpose of This Guidance
This document sets out the principles governing regulatory fees, invoicing, and payment. It is intended to support clarity, consistency, and accurate reconciliation.
Assessment of Fees
Fees are assessed based on the nature of the application, license category, authorised activities, and administrative actions requested. Published fee schedules provide transparency on applicable charges.
Issuance of Invoices
Invoices are issued by the Authority and include a unique reference number. Applicants and licensees must ensure that payments quote the correct reference to enable timely allocation.
Payment Requirements
- Payments must be made in accordance with invoice instructions
- Reference numbers must be quoted accurately
- Partial or misreferenced payments may delay processing
Reconciliation and Allocation
Payments are allocated upon confirmation of receipt and reference matching. Where discrepancies arise, additional information may be requested to complete reconciliation.
Late or Outstanding Fees
Failure to pay applicable fees within required timeframes may result in delayed processing, administrative action, or register annotation where relevant.
Conclusion
Clear invoicing and accurate payment support efficient administration. Applicants and licensees are responsible for ensuring that payments are made correctly and on time.