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15. After regulation 18 insert—
18A.—(1) If there is a relevant increase in the consumer prices index, each relevant amount is increased on the fee change date in accordance with paragraph (3).
(2) There is a relevant increase in the consumer prices index if the consumer prices index for the month of September preceding the fee change date is higher than that for the previous September.
(3) Each relevant amount is increased by the lower of—
(a)the percentage increase in the consumer prices index, and
(b)10%,
rounded up or down to the nearest £1.
(4) The increase in a relevant amount in accordance with paragraphs (1) to (3) applies only in respect of an application which is, or is deemed to have been, made on or after the fee change date.
(5) In this paragraph—
“consumer prices index” means the all items consumer prices index published by the Statistics Board(1);
“fee change date” means—
1st April 2025, or
1st April in any subsequent year;
“relevant amount” means—
a fee specified in regulation 11(3)(b) or (6)(a), (b) or (c), 14(1)(za) to (c), 15(4) or (5), 16(1)(a) or (b), 17(1)(a) or (b) or 18(2),
a fee specified in paragraph 3(1), 4(2), 5, 6(b) or 7(1)(a), (b) or (c) of Schedule 1,
an amount set out in the table in Part 2 of Schedule 1 and expressed in pounds sterling, or
a fee specified in the table in Schedule 2.”.
The Statistics Board is a body corporate established by section 1 of the Statistics and Registration Service Act 2007 (c. 18).
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