15. After section 41 of the Principal Act the following Division is inserted in Part IV:
“41A. (1) A registered agent shall pay to the Registrar before the commencement of a financial year the determined fee.
“(2) An agent who was a registered agent immediately before the commencement of this section shall pay to the Registrar, before the first anniversary of his or her registration that occurs after that commencement, the appropriate fee.
“(3) For the purposes of subsection (2) the amount of the appropriate fee is an amount that bears the same proportion to the fee determined for the purposes of subsection (1) as the number of months in the period commencing on the anniversary of registration and ending on 30 June 1993 bears to the period of 12 months.
“(4) In calculating the amount of the appropriate fee—
(a) a part of a month shall be treated as a month; and
(b) a fraction of a dollar shall be disregarded.”.