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Regulation 5 Fee in respect of societies' public files

Original text. Later amendments are not shown.

(1)

A society which applies for authorisation under section 9 of the Act shall pay a fee of £500 in respect of the exercise of the Commission’s functions under that section.

(2)

A society which proposes to merge with another society, and—

(a)

applies for consent under section 94(5) of the Act to proceed to undertake to fulfil the engagements of the other society pursuant to a board resolution, or

(b)

applies for approval under paragraph 1 of Schedule 16 to the Act of the contents of a statement concerning matters relevant to the merger, shall pay a fee of £2,600 in respect of the Commission’s functions in relation to the application and any functions it may exercise subsequently under section 95 of the Act with respect to the proposed merger.