Article 5
The fee payable to the Board 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); and
(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 a fee of £188 which is hereby directed to be payable first on the third anniversary of—
(i)
in the case of a society, the date on which it was registered with the Board under Schedule 1A; and
(ii)
in the case of a local authority, the date on which the scheme approved by the authority was registered with the Board under Schedule 2;
and subsequently at intervals of three years thereafter.