Pursuant to the provisions of section 26(2)(a)(b) of the Betting Law regarding the determination of the fees imposed for the issuance or renewal of a license for a Class A or B recipient or for a license for an authorized representative, the said fees are determined depending on the duration of the validity of the license, as follows:
|TYPE||FEE IMPOSED FOR A PERIOD OF ONE YEAR||FEE IMPOSED FOR A PERIOD OF TWO YEARS|
|Application for granting a license to a Class A or B recipient||€30.000||€45.000|
|Application for granting a license to a Class A authorized representative||€2.000||€3.000|
The corresponding fee is payable at the time of filing of the application for the issuance or renewal of a Class A or B license or for the license of an authorized representative.
Please note that, as set out in section 27, the fee imposed shall be refunded with a twenty five percent (25%) reduction in case of refusal to grant the license.