117 FeesE+W
This section has no associated Explanatory Notes
[(1)The regulator may charge—
(a)a fee [for dealing with an application] for initial registration, and
(b)an annual fee for continued registration.
[(1A)The regulator may make dealing with an application for initial registration conditional upon the payment of the fee.]
(2)Except in the case of a local authority, the regulator may make ... continued registration conditional upon payment of the fee.]
(3)The regulator shall—
(a)prescribe the amount of a fee, and
(b)make provision about the periods during which and in respect of which annual fees are payable.
(4)The regulator may set different fees, and make different provision, for different cases or circumstances.
[(4A)The amount of a fee payable under this section may be calculated by reference to costs incurred, or likely to be incurred, by the regulator in the performance of any of its functions, including costs unconnected with the fee-payer and costs unconnected with registration or regulation under this Part.]
(5)Fees must be set in accordance with principles which the regulator prepares and publishes and which are designed to ensure that so far as is reasonably practicable—
(a)fee income matches [the costs incurred in] the performance of [the regulator's] functions,
(b)... and
(c)actual or potential registered providers can see the relationship between the amount of a fee and the costs [incurred, or likely to be incurred, in the performance of the regulator’s functions].
(6)The principles—
(a)shall provide for section 95(3) to be disregarded for the purpose of subsection (5)(a), and
(b)may provide for specified expenditure or potential expenditure under section 95 or otherwise to be disregarded for the purpose of subsection (5)(a).
(7)Principles do not have effect until approved by the Secretary of State.
(8)In preparing (or revising) the principles the regulator shall consult persons appearing to the regulator to represent the interests of fee-payers.
(9)The [regulator’s] accounts shall show—
(a)fees received, and
(b)fees outstanding.
(10). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Textual Amendments
Commencement Information