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Annual fees on public service vehicle licences.
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88.—(1) Every licensee shall pay yearly to the Commissioner in respect of every public service vehicle licence held by him a yearly fee (in this Part of this Act referred to as a licence fee) of such amount as shall from time to time be fixed by regulations made by the Minister with the consent of the Minister for Finance.
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(3) If any licensee fails or refuses to pay in respect of any public service vehicle licence a licence fee (other than the first such fee payable in respect of such licence) within the time appointed by this section for the payment thereof, such licence shall thereupon become and be revoked but the Commissioner may, upon payment of such fee, cancel such revocation.
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