Part 7Further provisions relating to the Board and the OLC

Payments into the Consolidated Fund

I1175Amounts payable into the Consolidated Fund

1

The following must be paid into the Consolidated Fund—

a

any application fee received by the Board;

b

any sum received by the Board under sections 37 to 40 (financial penalties and interest);

c

amounts paid to the Board under section 49(10) or 50(5) (charges for providing draft and final policy statements);

d

any sums received by the Board in its capacity as an approved regulator by virtue of rules within section 64(2)(f) (practising fees etc);

e

any sums received by the Board in its capacity as a licensing authority by virtue of its licensing rules within paragraph 1, 4, 6, 7 or 21 of Schedule 11 or by virtue of paragraph 17 or 18 of Schedule 14;

f

any sums received by the Board in its capacity as a licensing authority under sections 95 to 97 (financial penalties and interest);

g

any charges received by the OLC by virtue of rules under section 136 (charges payable by respondents), together with any interest payable in accordance with those rules;

h

any amount payable to the OLC in accordance with scheme rules within subsection (3)(i) of section 133 (costs of OLC payable by the complainant or the respondent in relation to a complaint), together with any interest payable on such an amount under subsection (6) of that section;

i

any amount payable to the OLC by virtue of standard terms within section 166(8);

j

any sum received by the Board in accordance with rules under section 173 (the levy);

k

amounts paid to the Board under section 162(4)(c) (charges for providing copies of guidance);

l

any amount payable to the Board under arrangements entered into under section 163 (voluntary arrangements);

m

amounts paid to the Board under subsection (8) of section 205 (charges for providing copies of rules and draft rules);

n

amounts paid to the OLC under that subsection.

2

In this section “application fee” means a fee within—

a

paragraph 3(3)(d) of Schedule 4 (application fees in respect of designation as approved regulator);

b

section 45(3)(b) (application fees in respect of cancellation of designation as approved regulator);

c

paragraph 1(4)(d) of Schedule 10 (application fees in respect of designation as licensing authority);

d

section 76(3)(b) (application fees in respect of cancellation of designation as licensing authority);

e

paragraph 3(4)(c) of Schedule 18 (application fees in respect of designation as qualifying regulator for the purposes of Part 5 of the Immigration and Asylum Act 1999 (c. 33)).