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Article 5 Registration Fees

Original text. Later amendments are not shown.

(1)

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), 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 £194 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 with the Board under Schedule 1A; and

(b)

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.