Original: The initial application fee is £40 and the annual fee due on the anniversary of the date of registration is £20.If you fail to pay your annual fee, we may cancel your registration, a notice will be sent to you formally in this instance.
Simplified: The starting application fee is £40. Beginning one year after registration and repeating annually, you will need to pay the yearly fee of £20.If you fail to pay your yearly fee, we may cancel your registration. A notice will be sent to you formally if this happens.