2. Grant of time for payment of court fee.- Where an application is rejected under rule 1, the court may, while rejecting the application, allow the applicant to pay the requisite court fee, within such time as may be fixed by the court or extended by it from time to time; and upon such payment, the memorandum of appeal in respect of which such fee is payable shall have the same force and effect as if such fee had been paid in the first instance.

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