specified in accordance with the conditions provided for in such Licenses, or by virtue of a resolution issued by the Authority if such fees are not specified in the License. 3) Fees charged by the Authority for any services that it provides. 4) Fines collected by the Authority from Licensees on the basis of the Licenses granted to them. Fines to be collected by the Authority shall not be taken into consideration when preparing the annual budget. b) Any increase in the fees provided for in subparagraphs(a)(1) and (2) of this Article shall be approved by the Board, provided in all cases that fees shall not exceed the percentage provided for in subparagraph (a)(2) of this Article. The Board shall indicate in writing the grounds for a refusal to increase fees. c) Activities and operations of the Authority shall be funded from the General State Budget during the year that follows the date on which this Law shall enter into force, provided that the activities of the Authority shall thereafter be funded from the revenues provided for in paragraph (a) of this Article and if such revenue is insufficient, the provisions of the following paragraph shall apply. d) The Authority may, after co-ordination with the Ministry of Finance and National Economy, submit an application to the Council of Ministers for a grant from the public treasury to cover a deficit shown in its approved budget, including where the deficit results from non-payment by the Licensees of the fees payable to the Authority, provided that the Authority shall use such grant for funding the expenses included in its approved budget. The Authority may fund the deficit by borrowing in accordance with the provisions of Article (20) of this Law. Article (19) The Authority's Expenditure