# The Companies (Fees) (Amendment) Regulations 1992, Note: Explanatory note


(This note is not part of the Regulations)
These Regulations amend the Companies (Fees) Regulations 1991, following amendments to the Companies Act 1985 to be introduced by the Oversea Companies and Credit and Financial Institutions (Branch Disclosure) Regulations 1992 (S.I. 1992/3179), which create a new regime for the registration of branches of oversea companies. The amendments to these Regulations will take effect from 1st January 1993 which is at the same time as the amendments to the 1985 Act introduced by S.I. 1992/3179.
Regulation 3makes a number of amendments to the definitions in the 1991 Regulations. The purpose of the amendments is to take account of the fact that, as a result of the 1992 Regulations, the registrar of companies will be receiving and recording, under the Companies Acts, documents and particulars relating to particular branches of oversea companies and to entities which are undertakings but not necessarily companies (for example partnerships).
Regulation 4amends the Schedule to the 1991 Regulations by introducing certain new fees payable in respect of oversea companies and (by use of the new definitions introduced by regulation 2) extends existing fees so as to cover branches and undertakings.
A new fee of £50.00 in respect of registering a place of business or a branch on an oversea company is introduced. No fee shall be payable, however, in respect of the registration of a branch of an oversea company prior to 1st July 1993 where that company had a place of business registered in the same part of Great Britain immediately prior to 1st January 1993 (Regulation 5).
A new fee of £50.00 is also prescribed in respect of registration or re-registration of a name under which an oversea company proposes carrying on business in Great Britain.
Given the new register of branches of oversea companies will be kept in computerised form, for inspection of information on the register of a branch of an oversea company via the registrar’s computer a new fee of £1.00 is payable. For obtaining paper copies of information obtained from such an ffiinquiry, a further fee of 50p per screen of information is payable.
The existing Schedule of fees prescribed in respect of searching and obtaining information about a company is amended to include branches of an oversea company and undertakings in general. The fee for registration of the accounts of an oversea company is consequentially amended so as to extend to any accounts registered by a company or other undertaking under Part II of Chapter XXIII of the Companies Act 1985.

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Source: https://www.legislation.gov.uk/uksi/1992/2876/note (the official version)
Page: https://openlegislation.uk/companies-fees-amendment-regulations-1992/note
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.