# The Insurance (Fees) Regulations 1998, Introduction: Introductory text


INSURANCE
Made 9th March 1998
Laid before Parliament 10th March 1998
Coming into force 1st April 1998
Whereas the Treasury have 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 1982 in the year beginning on 1st April 1998 by insurance companies and the Council of Lloyd’s is equal to the cost likely to be incurred in that period by the Treasury in exercising the functions specified in regulation 10 of these Regulations:
Now, therefore, the Treasury, in exercise of the powers conferred by sections 94A, 96(1) and 97 of that Act and now vested in them, and of all other powers enabling them in that behalf, hereby make the following Regulations:

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Source: https://www.legislation.gov.uk/uksi/1998/612/introduction (the official version)
Page: https://openlegislation.uk/insurance-fees-regulations-1998/introduction
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.