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You are here: BAILII >> Databases >> United Kingdom Statutory Instruments >> The Industrial and Provident Societies (Credit Unions) (Amendment of Fees) Regulations 1993 No. 548 URL: http://www.bailii.org/uk/legis/num_reg/1993/uksi_1993548_en.html |
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Statutory Instruments
INDUSTRIAL AND PROVIDENT SOCIETIES
Made
8th March 1993
Laid before Parliament
10th March 1993
Coming into force
1st April 1993
The Treasury, in exercise of the powers conferred upon them by sections 70(1) and 71(1) of the Industrial and Provident Societies Act 1965(1), as applied by section 7(2) of the Industrial and Provident Societies Act 1967(2), and section 31(2) of the Credit Unions Act 1979(3), and of all other powers enabling them in that behalf, hereby make the following Regulations:
1. These Regulations may be cited as the Industrial and Provident Societies (Credit Unions) (Amendment of Fees) Regulations 1993 and shall come into force on 1st April 1993.
2. The Industrial and Provident Societies (Credit Unions) Regulations 1979(4) shall be amended by substituting for Schedule 2 thereto the following Schedule-
Regulation 17
| £ | |
|---|---|
1. For the acknowledgement of registration of a credit union (except as provided in paragraph 14 of this Schedule) | 520 |
2. For the acknowledgement of registration of an amendment of rules being a substitution of an entire set of rules for the existing set of rules (except as provided in paragraph 15 of this Schedule) | 360 |
3. For the acknowledgement of registration of an amendment of rules not being a substitution of an entire set of rules for the existing set of rules (except that no fee shall be payable for the acknowledgement of registration of an amendment of rules made for the purposes of section 10(2)(b) of the 1965 Act) | 165 |
4. For the approval of a change of name | 165 |
5. For the registration of a notice of change in the situation of a registered office | 32 |
6. For the registration of a special resolution where the special resolution relates to an amalgamation or a transfer of engagements and the credit union passing it has- (a)100 members or less | 75 |
(b)more than 100 members but not more than 500 | 105 |
(c)more than 500 members but not more than 1,000 | 135 |
(d)more than 1,000 members | 165 |
7. For the appointment of an inspector, or the calling of a special meeting by the Chief Registrar or the Assistant Registrar of Friendly Societies for Scotland (except that no fee shall be payable where an inspector is appointed or a special meeting called by the Chief Registrar pursuant to section 18 of the 1979 Act) | 190 |
8. For the registration of an instrument of dissolution or alteration therein where the society has- | |
(a)100 members or less | 75 |
(b)more than 100 members but not more than 500 | 105 |
(c)more than 500 members but not more than 1,000 | 135 |
(d)more than 1,000 members | 165 |
9. On every direction for division or appropriation of the assets of a society- | |
(a)where the value of the assets is £1,000 or less, 20% of that value | |
(b)where the value of the assets exceeds £1,000, £200 with an additional £10 for every £100 or part thereof in excess of £1,000 | |
10. For every document (except as otherwise provided) required to be signed by a Registrar or to bear the seal of the Central Office not chargeable with any other fee | 22 |
11. For the inspection on any particular day of documents on the file kept by a Registrar under regulation 16 of these Regulations relating to a single credit union | 4 |
12. For the provision of a copy of the whole of or an extract from any document- | |
(a)where the copy is not certified as a true copy of a document in the custody of the Registrar- | |
(i)where the copy does not exceed 5 pages, or for the first 5 pages of a copy which exceeds 5 pages | 1.25 |
(ii)for every page of a copy after the fifth page | 0.25 |
(b)where the copy is certified as provided in sub-paragraph (a) above (as an addition to whatever fee would be payable if the copy were not so certified) | 4 |
13. In addition to any fee payable under paragraph 12 above, for the provision of a copy or copies of the whole of or an extract from any document by post | 5 |
14. For the acknowledgement of a registration of a credit union the rules of which are in the form of model rules, where the application for the registration is made through and endorsed by the association or body which has sponsored the rules contained in the said model | 195 |
15. For the acknowledgement of registration of an amendment of rules being a substitution of an entire set of rules for the existing set of rules, where the entire set of rules is in the form of model rules and where the application for registration is made through and endorsed by the association or body which has sponsored the rules contained in the said model | 135 |
The fee to be delivered to the Central Office pursuant to section 1(2)(b) of the 1967 Act or to the Assistant Registrar of Friendly Societies for Scotland pursuant to section 4(1)(c) of the 1967 Act shall be £22.".
3. The Industrial and Provident Societies (Credit Unions) (Amendment of Fees) Regulations 1992(5) are hereby revoked.
Tim Wood
Tim Kirkhope
Two of the Lords Commissioners of Her Majesty's Treasury
8th March 1993
(This note is not part of the Regulations)
These Regulations supersede the Industrial and Provident Societies (Credit Unions) (Amendment of Fees) Regulations 1992. They generally increase by about 4% the fees to be paid for matters to be transacted under the Industrial and Provident Societies Acts 1965 and 1967 and the Credit Unions Act 1979. Fees for the inspection of documents are not increased. They also remove fees relating to the hearing of disputes by the Registrar and add a fee for the posting of copies.
