{
  "url": "https://openlegislation.uk/property-factors-registration-scotland-regulations-2024/regulation-5",
  "json_url": "https://openlegislation.uk/property-factors-registration-scotland-regulations-2024/regulation-5.json",
  "legislation": "ssi/2024/274",
  "legislation_title": "The Property Factors (Registration) (Scotland) Regulations 2024",
  "legislation_url": "https://openlegislation.uk/property-factors-registration-scotland-regulations-2024",
  "path": "regulation/5",
  "kind": "regulation",
  "number": "5",
  "heading": "Fees payable on application for registration as a property factor",
  "text": "(1) Subject to paragraphs (2) and (3) the fees prescribed for the purposes of section 3(3)(b) of the Act (fees for application for registration) are—\n(a) where an applicant for registration acts, or expects to act, as a property factor in relation to 100 or fewer properties, the sum of £200,\n(b) where an applicant for registration acts, or expects to act, as a property factor in relation to more than 100 properties, the sum of £750.\n(2) The number of properties in relation to which an applicant acts, or expects to act—\n(a) does not include any property which the applicant owns (that is to say, owns more than only a share in the common parts of the relevant property), and\n(b) is determined as at the date of the submission of the application for registration.\n(3) Subject to paragraph (5) the prescribed fees are to be varied on 1 April each year, beginning on 1 April 2025, in accordance with paragraph (4).\n(4) The prescribed fee is to be varied in accordance with the formula—\nFeei,t=CPIyCPIy-1*Feei,t-1\nExplanation:\nFee i,t is the value of the fee i (where i refers to the registration fee) to be applied in the financial year t,\nCPI y is the value of the Consumer Prices Index (All Items) for the calendar year y, where the calendar year y is the calendar year which precedes the financial year t,\nCPI y-1 is the value of the Consumer Prices Index (All Items) for the calendar year which precedes the calendar year y,\nFee i, t-1 is the value of the fee that was applied in the preceding financial year, t – 1.\nThe unrounded value of the fee will be used in the formula, and the value of the fee applied in year t will be rounded to the nearest pound.\n(5) Where 1 April in any year falls on a Saturday or Sunday, the prescribed fee is instead varied on the following Monday.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ssi/2024/274/regulation/5",
    "retrieved_at": "2026-10-28T20:38:55.030006+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}