Canadian Nuclear Safety Commission Cost Recovery Fees Regulations

19 (1) If a licence is revoked within the first year after its issuance, there shall be no refund of the annual fee paid.

(2) If a licence is revoked after the first year of its issuance and the licensee has paid the annual fee for the current fee period,

• (a) that fee shall be reduced by an amount equal to the product obtained by multiplying 25% of the annual fee paid by the number of full quarterly periods remaining in the fee period; and

• (b) the Commission shall refund that amount to the former licensee.