# The Industrial and Provident Societies (Credit Unions) (Fees) Regulations 1999, Note: Explanatory note


(This note is not part of the Regulations)
These Regulations increase the fees payable for registration and other transactions under the Industrial and Provident Societies Acts 1965 and 1967 and the Credit Unions Act 1979. They revoke regulation 17 of the Industrial and Provident Societies (Credit Unions) Regulations 1979 and Industrial and Provident Societies (Credit Unions) (Amendment of Fees) Regulations 1998.
Taking all fees together, some of which remain unchanged, the overall increase is about 7.5%. The changes are as follows:–
Nature of Application
Fee Payable 1998–1999
Fee Payable from 1999
£
£
1 Registration of a society.
(a) with a statutory declaration
750
825
(b) other cases.
800
880
2 Registration of a complete amendments of rules.
450
495
3 Registration of partial amendment of rules.
225
250
4 Approval of change of name.
110
120
6 Registration of a special resolution amalgamation or a transfer of engagements.
300
330
7 Appointment of an inspector/calling of a special meeting.
225
250
8 Registration of an instrument of dissolution.
325
355
10 Other document required to be signed by a Registrar or sealed.
40
45
14 Registration of a credit union using model rules–
(a) with statutory declaration;
300
330
(b) other cases.
350
385
15 Registration of a substitution of an entire set of rules using model rules.
200
220
20 Approval of a form of model rules submitted by a sponsoring association or body.
800
880
21 Approval of a partial amendment to a form of model rules submitted by a sponsoring association or body.
250
275
23 Application for issue of a section 11C certificate.
425
465
24 Application for issue of a section 6(5) certificate.
425
465
25 Application for issue of a section 6(5) and 11C certificates.
100
110
Reduction in fee payable 1998–1999
Reduction in fee payable From 1999
£
£
16 Reduction where registration of an amendment of rules includes that of the common bond and is accompanied by a statutory declaration.
100
110
17 Reduction where registration of an amendment of rules is in conjunction with an application for a section 11C certificate.
100
110
A review of the cost of compliance with these Regulations has been undertaken and the resulting regulatory impact assessment may be purchased from the Registry of Friendly Societies, Victory House, 30–34 Kingsway, London WC2B 6ES.

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Source: https://www.legislation.gov.uk/uksi/1999/739/note (the official version)
Page: https://openlegislation.uk/industrial-and-provident-societies-credit-unions-fees-regulations-1999/note
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.

