Payment of annual charges by instalment
April 2007
Annual Charges for products entered on the ARTG at the commencement of the year may be made by instalment payment.
Key points
- Annual charges are payable in relation to all product entries on the Australian Register of Therapeutic Goods (ARTG).
- Sponsors may elect to pay annual charges by instalment payment where the option is included on an invoice.
- Failure to make an instalment payment by the due date will result in the balance of an invoice becoming due and payable in full.
Procedures
In September each year invoices will be issued for all products (other than products declared to be of low volume and low value) on the ARTG.
Sponsors may elect to pay annual charges in full by the due date or by instalment.
Remittance of the amount of the first instalment by the due date will indicate that the instalment payment election has been chosen.
- A sponsor cannot elect to pay by instalment after the due date for payment has passed. The full amount of the annual charges payable will be due immediately.
Instalment due dates for subsequent payments are set out on the invoice. An instalment notice will be issued prior to the due date for payment.
- The balance of an invoice will become payable immediately if an instalment is not paid by the due date.
Sponsors may pay the full balance of instalments remaining on an invoice at any time.
Annual charges (including instalments) for a therapeutic good that remains outstanding by more that 28 days (or 30 days for a medical device) may be cancelled. The TGA is not obliged to provide reminder notices or statements.
Instalment payment options will not be available for annual charges relating to a new entry approved on the ARTG after the commencement of a year. These invoices will usually be billed in December and June each year.
Forms
Not applicable
Assistance
TGA Revenue Manager: Facsimile 02 6232 8222 or by email to TGA.Accounts@tga.gov.au.
References
Therapeutic Goods (Charges) Act 1990
- Section 4 establishes annual charges.
Therapeutic Goods (Charges) Regulations 1990
- Rates of annual charges.
Therapeutic Goods Act 1989
- Section 44 prescribes when annual charges are due.
- Paragraphs 30(2)(f) and 41GL(f) provide for the cancellation of a good for non-payment of an annual charge.
