1.   The registration fee and extension-of-registration fee referred to in Article 3 shall be paid in full at the time the securitisation repository submits its application for registration or extension of registration.

2.   Half of the registration fee or the extension-of-registration fee paid by the securitisation repository shall be reimbursed where the securitisation repository withdraws its application for registration or extension of registration before ESMA has notified the securitisation repository that its application is complete pursuant to Article 10(6) of Regulation (EU) 2017/2402.

3.   The registration fee and extension-of-registration fee shall not be reimbursed after ESMA has notified the securitisation repository that its application is complete pursuant to Article 10(6) of Regulation (EU) 2017/2402.