Article 5 Registration Fees
(1)
The fee payable to the Commission under—
(a)
paragraph 6(1)(a) of Schedule 1A (which provides for the payment of a fee by a society at intervals during its registration), or
(b)
paragraph 7(1)(b) of Schedule 2 (which provides for the payment of a fee by a local authority at intervals during the registration of the authority’s scheme),
shall be £202 and shall be payable in accordance with paragraph (2).
(2)
The fee mentioned in paragraph (1) shall be payable at intervals of three years beginning on the third anniversary of—
(a)
in the case of a society, the date on which it was registered under Schedule 1A; and
(b)
in the case of a local authority, the date on which the scheme approved by the authority was registered under Schedule 2.