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These Regulations may be cited as the Trade and Business Licensing (Amendment of Schedule 1) Regulations, 2025. Regulation 2 Trade and Business Licensing (Amendment of Schedule 1) Regulations, 2025 SL 14 of 2025\", \"element\": \"section\", \"heading\": null}, {\"eId\": \"sec_2\", \"num\": \"2.\", \"text\": \"Amendment of Schedule 1 to the Trade and Business Licensing Act (2021 Revision) - fees 2. The Trade and Business Licensing Act (2021 Revision) is amended in Schedule 1 as follows \u2014 (a) in Part A, in the table, as follows \u2014 (i) by deleting item 1 and substituting the following item \u2014 \u201c  Description Fee 1. Application fee (non- refundable) 18(2)(e) $75 for each year of the period that is to be specified in the relevant licence in accordance with the application for the grant of the licence\u201d; (ii) in item 2, in the column entitled \u201cFee\u201d, by deleting the words \u201cAs set out in the respective category in Part B\u201d and substituting the words \u201cAs set out in the respective category in Part B but payable at the time of the grant of the licence for each year of the period that is to be specified in the relevant licence\u201d; and (iii) in item 3, in the column entitled \u201cFee\u201d, by deleting the words \u201cAs set out in the respective category in Part B\u201d and substituting the words \u201cAs set out in the respective category in Part B but payable at the time of the grant of the licence for each year of the period that is to be specified in the relevant renewed licence\u201d; and (b) in Part B, by deleting the words \u201cThe respective licence and renewal fee shall be as set out below \u2014\u201d and substituting the words \u201cThe respective licence fee and renewal fee are as set out below and are payable for each year of the period that is to be specified in the relevant licence \u2014\u201d. 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