Friendly Societies (General Charge and Fees) (Amendment) Regulations 1994

JurisdictionUK Non-devolved
CitationSI 1994/657
Year1994

1994 No. 657

FRIENDLY SOCIETIES

The Friendly Societies (General Charge and Fees) (Amendment) Regulations 1994

Made 8th March 1994

Laid before Parliament 9th March 1994

Coming into force 1st April 1994

The Treasury, in exercise of the powers conferred on them by sections 2(2) and 114(2) of the Friendly Societies Act 19921and section 104(1) of the Friendly Societies Act 19742and of all other powers enabling them in that behalf, hereby make the following Regulations:

S-1 Citation and commencement

Citation and commencement

1. These Regulations may be cited as the Friendly Societies (General Charge and Fees) (Amendment) Regulations 1994 and shall come into force on 1st April 1994.

S-2 Interpretation

Interpretation

2. In these Regulations “the principal Regulations”means the Friendly Societies (General Charge and Fees) Regulations 19933.

Amendments to the principal Regulations

S-3 After regulation 3 of the principal Regulations insert the...

3. After regulation 3 of the principal Regulations insert the following regulations—

S-3A

3A. A friendly society which was an incorporated friendly society on 31st December 1993 shall pay to the Commission, with respect to the accounting year beginning on 1st April 1994, the sum of £16,000.

S-3B

3B. A friendly society which is an incorporated friendly society on the operative date of 1994, other than a society to which regulation 3A applies, shall pay to the Commission, with respect to the accounting year beginning on 1st April 1994, a sum determined in accordance with Schedule 1 to these Regulations using the value of the friendly society’s specified income for the relevant year.

S-4 In paragraph 1 of Schedule 1 to the principal Regulations, for...

4. In paragraph 1 of Schedule 1 to the principal Regulations, for the sum “£14,000”, wherever occurring, substitute the sum “£16,000”.

S-5 For Schedule 2 to the principal Regulations substitute the...

5. For Schedule 2 to the principal Regulations substitute the following schedule—

SCHEDULE 2

Regulation 5

FEES PAYABLE FOR CENTRAL OFFICE, CHIEF REGISTRAR OR COMMISSION FUNCTIONS

Nature of application/function

Fee Payable

(1) For the incorporation of a friendly society and the registration of thefriendly society’s memorandum and rules

£410

(2) For the registration of a branch

£150

(3) For authorisation under section 32 of the 1992 Act

£515

(4) For authorisation under section 33 of the 1992 Act

£155

(5) For the registration of an annual return (except where the society or branch concerned has by written notice sent to the central office irrevocably elected to pay the fees specified in paragraph 6 of this Schedule)—

(a) in the case of an annual return for a year of account ended on or before 31st December 1993—

(i) where it relates to a society

£70

(ii) where it relates to a branch

£25

(b) in the case of an annual return for any subsequent year of account—

(i) bwhere it relates to a society

£75

(ii) where its relates to a branch

£26

(6) The fees specified in this paragraph shall be payable where the society or branch concerned has by notice made an election under paragraph 5 of this Schedule—

(a) for the acknowledgment or registration of an amendment of rules (including approval of name in the case of an amendment effecting a change of name of a society registered under the 1974 Act or branch)—

(i) if the amendment substitutes an entire set of rules for the existing set of rules (except as provided in paragraph 15 of this Schedule)—

(A) where made by a society

£250

(B) where made by a branch

£80

(ii) if the amendment does not substitute an entire set of rules for the existing set of rules—

(A) where made by a society

£115

(B) where made by a branch

£37

(b) for the acknowledgment of registration of a notice of change in the situation of the registered office—

(A) of a society

£33

(B) of a branch

£20

(c) for a receipt issued in respect of a notice of appointment of trustee or trustees—

(A) of a society

£33

(B) of a branch

£20

(d) for the acknowledgment or registration of a change of name of an incorporated friendly society

£170

(e) for the acknowledgment or registration of an alteration of the memorandum of an incorporated friendly society

£115

(7) For the registration of a special resolution—

(1) where the special resolution relates to an amalgamation or a transfer of engagements

£85

(2) where the special resolution relates to a conversion

£175

(8) For the appointment of an inspector or calling of a special meeting

£195

(9) For a registration of an instrument of dissolution or alteration therein

£95

(10) For an award for dissolution where the matter is settled without a hearing or upon one hearing without an adjournment

£50

(11) Where for an award of dissolution more than one hearing is required or where the hearing is adjourned—

the same fee as where the matter is settled upon one hearing without adjournment and in addition for every hearing after the first and for every adjournment

£50

(12) For a direction for division or appropriation of the assets of a society—

(a) where the value of the assets is £1,000 or less,

20% of that value

(b) where the value of the assets exceeds £1,000,

£200 with an additional £10 for every £100 or part thereof in excess of £1,000

(13) For an investigation into the affairs of a society or branch with a view to an award of dissolution thereof

£790

(14) For every document (except as otherwise provided) required to be signed by a Registrar, or to bear the seal of the Central Office, not...

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