Costs of investigation of applications
9.—(1)  The costs of investigation in relation to each application for, or renewal of, a licence are to be borne by the person making the application.
(2)  For the purposes of meeting the full costs of the investigations referred to in paragraph (1), the Authority may by notice in writing —
(a)require the person making the application to maintain a deposit with the Authority of such sum as may be specified in the notice; and
[S 115/2018 wef 01/05/2018]
(b)at any time thereafter, require the person making the application to deposit with the Authority such additional sums as may be specified in the notice.
[S 115/2018 wef 01/05/2018]
(3)  The Authority shall periodically certify the actual costs of the investigations referred to in paragraph (1).
(4)  When the person making the application notifies the Authority in writing that the person does not intend to make any further application for a licence or renewal of a licence, the Authority must refund the remaining sum of the deposit under paragraph (2) without interest to that person.
[S 115/2018 wef 01/05/2018]
[S 115/2018 wef 01/05/2018]