Explanatory note
(This note is not part of the Regulations)
These regulations increase some of 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 the Industrial and Provident Societies (Credit Unions) (Fees) Regulations 2000. Taking all the fees together, some of which remain unchanged, the overall increase is about 4.2%. The increases are needed in order that there is a full recovery of the costs of carrying out the transactions.
The changes are as follows:—
| Nature of Application | Fee Payable 2000–2001 | Fee Payable from 2001 |
|---|---|---|
| £ | £ | |
1 Registration of a society. (a) with a statutory declaration | 850 | 900 |
| (b) other cases. | 920 | 975 |
2 Registration of a complete amendments of rules. | 515 | 540 |
3 Registration of partial amendment of rules. | 260 | 275 |
4 Approval of change of name. | 125 | 130 |
6 Registration of a special resolution amalgamation or a transfer of engagements. | 340 | 360 |
7 Appointment of an inspector/calling of a special meeting. | 260 | 275 |
8 Registration of an instrument of dissolution. | 365 | 385 |
11 Inspection of public file. | 8 | 10 |
12 (a) (i) instead of 5 pages minimum for £3 the charge is for 10 pages minimum for £6. | ||
14 Registration of a credit union using model rules— (a) with statutory declaration; | 340 | 360 |
| (b) other cases. | 400 | 420 |
15 Registration of a substitution of an entire set of rules using model rules. | 225 | 240 |
16 Reduction increased from £115 to £120. | ||
17 Reduction increased from £115 to £120. | ||
20 Approval of a form of model rules submitted by a sponsoring association or body. | 920 | 975 |
21 Approval of a partial amendment to a form of model rules submitted by a sponsoring association or body. | 285 | 300 |
23 Application for issue of a section 11C certificate. | 485 | 510 |
24 Application for issue of a section 6(5) certificate. | 485 | 510 |