OpenLegislation

Explanatory note

Original text. Later amendments are not shown.

(This note is not part of the Regulations)

These Regulations make provisions about fees payable by providers of alternative dispute resolution under Chapter 4 of Part 4 of the Digital Markets, Competition and Consumers Act 2024 (c. 13) (“the Act”).

Regulation 3 sets out the fee to be paid by applicants for accreditation under section 296(1) of the Act. Regulation 4 sets out the fee to be paid by applicants for the variation of their accreditation under section 296(5) of the Act. Regulation 5 sets out the periodic fees to be paid under section 299(1) of the Act and the times at which the fees are to be paid.

An impact assessment has not been produced for these Regulations as no, or no significant, impact on the private, voluntary or public sectors is foreseen. An impact assessment was produced for the Act and is available from the Department for Business and Trade at Old Admiralty Building, Admiralty Place, London SW1A 2DY. An Explanatory Memorandum is published alongside these Regulations on www.legislation.gov.uk.