GA C5.8.5 5.8.5.

What happens if the time limit for payment of validation fees is not observed? 
5.8.019
If a validation fee is not paid in due time (see point 5.8.012), the request for validation is deemed withdrawn. Similarly to the payment of the extension fee, the payment of validation fees is regulated entirely in the relevant validation agreement. Therefore Rule 112 EPC and Article 122 EPC do not apply.
5.8.020
If the validation fee for a state is not paid within the basic period, the applicant can still pay it, together with a 50% surcharge, either within two months of expiry of the basic period ("grace period") or along with the request for further processing concerning the designation fee if this has also not been paid in time and hence within two months of notification of a communication of loss of rights under Rule 112(1) EPC following non-payment of the designation fee.
5.8.021
For the reasons set out in point 5.8.019, re-establishment of rights under Article 122 and Rule 136 EPC is not available in respect of payment of the validation fee.

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EPC Articles

EPC Implementing Rules

EPO Guide for Applicants, part II Int.

EPO Guide for Applicants, part II Int. - C The EPO as ISA and SISA

Offical Journal of the EPO