(1) This section applies to an approval holder who is liable to pay a race field information charge under the Act, section 61S (1) (b).
(2) The commission must tell the approval holder of the required race field information charge within 21 days after the day the commission receives the approval holder's last monthly return required under section 8 for the financial year.
(3) The approval holder must pay the required race field information charge for a financial year—
(a) to the race field information fund; and
(b) on or before the 28th day of August of the next financial year; and
(c) by electronic funds transfer.