(a) Except as hereinafter expressly provided, regulatory fees required pursuant to this Part shall be due and payable April 1st of each calendar year and shall be deemed timely paid if paid on or before that date.

(b) For the calendar year 1988, the commission may, by order, extend the date when the regulatory fees are due and payable.

(c) Regulatory fees shall be paid to the Lake George Park Commission at the following address or at such place as the commission may designate: