- Draft legislation
This is a draft item of legislation. This draft has since been made as a UK Statutory Instrument: The Equivalence Determinations for Financial Services (Amendment etc.) (EU Exit) Regulations 2020 No. 1055
7.—(1) The UK regulator may require applicants to pay such fees in connection with discharging its functions under these Regulations as it considers will enable it to meet its expenses incurred in carrying out those functions or for any incidental purpose.
(2) Any fee owed to the UK regulator under this regulation may be recovered as a debt due to that regulator.
(3) Nothing in this regulation affects the operation of Part 8 of the Financial Services and Markets Act 2000 (Amendment) (EU Exit) Regulations 2019(1).
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