(1) An application for a standard patent lapses if:
(a) a fee mentioned in item 203A of the table in clause 2 of Schedule 7 is not paid when it is payable; and
(b) the Commissioner invites the applicant to pay the fee within 1 month after the first examination report date; and
(c) the fee is not paid within the 1 month period.
(2) An application that lapses under subregulation (1) is restored if the fee mentioned in item 203A of the table in clause 2 of Schedule 7 is paid in relation to the application within the period of 11 months after the application so lapses.