57.3. The registrant shall pay the annual registration fee to the enterprise registrar not later than whichever of the following dates occurs first:
(1) the date on which the period during which the registrant must file an annual declaration ends; and
(2) the date of presentation of a declaration for striking off, a document referred to in section 53, or any other document that entails the striking off of the registrant’s registration.
A registrant who fails to pay the annual registration fee in accordance with the first paragraph must, in addition, pay a penalty equal to 50% of that fee.