# The Regulatory Reform (Credit Unions) Order 2003, Article 5: Power to charge for ancillary services


After section 9 (deposits by persons too young to be members), insert—
“Power to charge for ancillary services
9A (1) A credit union which provides an ancillary service to a member or any other person from whom the credit union has accepted a deposit may charge a fee to cover the cost of providing that service.
(2) In this section, “ancillary service” means any service which is ancillary to the activity of accepting a deposit or making a loan, and includes—
(a) the making or receiving of payments, made by way of standing order, direct debit or any other means, as agent for a member or any other person from whom the credit union has accepted a deposit;
(b) issuing and administering means of payment (for example, chequebooks and debit cards);
(c) money transmission services;
(d) giving advice on the services specified by paragraphs (a) to (c) above.”.

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Source: https://www.legislation.gov.uk/uksi/2003/256/article/5 (the official version)
Page: https://openlegislation.uk/regulatory-reform-credit-unions-order-2003/article-5
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.