Fees payable by qualifying lenders
This section has no associated Explanatory Memorandum
9.—(1) A fee is payable by a qualifying lender to the Secretary of State for the purpose of meeting the expenses of the Secretary of State in administering the making of direct payments to qualifying lenders under paragraph 3.
(2) The fee is £0.35 in respect of each occasion on which a direct payment is made to the qualifying lender.