1999 No. 589

INSURANCE

The Insurance (Fees) Regulations 1999

Made

Laid before Parliament

Coming into force

Whereas the Treasury have had regard to the object of securing (so far as practicable) that the amount of the fees payable under section 94A of the Insurance Companies Act 19821 in the year beginning on 1st April 1999 by insurance companies and the Council of Lloyd’s is equal to the cost likely to be incurred in that period by the Treasury in exercising the functions specified in regulation 10 of these Regulations:

Now, therefore, the Treasury, in exercise of the powers conferred by sections 94A, 96(1) and 97 of that Act and now vested in them2, and of all other powers enabling them in that behalf, hereby make the following Regulations: