F1PART 7Transitional and saving provision: exemption from the general prohibition

Annotations:

CHAPTER 4Exemption from the general prohibition: fees

Power to charge fees63

1

A regulator may make rules providing for the payment to it of fees in connection with the discharge of a function under this Part.

2

Rules under paragraph (1) may not provide for the payment of a fee greater than an amount equal to the expenses incurred, or expected to be incurred, in the discharge of the function.

3

Sections 138F to 138O of the 2000 Act (procedural provisions) apply to rules made by a regulator under paragraph (1) as they apply to rules made by a regulator under that Act.