# The Insurance (Fees) Regulations 1994, Introduction: Introductory text


INSURANCE
Made 7th March 1994
Laid before Parliament 10th March 1994
Coming into force 1st April 1994
Whereas the Secretary of State has had regard to the object of securing (so far as practicable) that the amount of the fees payable under section 94A of the Insurance Companies Act 1982in the year beginning on 1st April 1994 by insurance companies and the Council of Lloyd’s is equal to the cost likely to be incurred in that period by the Secretary of State in exercising the functions specified in regulation 10 of these Regulations:
Now, therefore, the Secretary of State, in exercise of his powers under sections 94A, 96(1) and 97 of that Act, and of all other powers enabling him in that behalf, hereby makes the following Regulations:

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Source: https://www.legislation.gov.uk/uksi/1994/643/introduction (the official version)
Page: https://openlegislation.uk/insurance-fees-regulations-1994/introduction
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.