The Industrial and Provident Societies (Credit Unions) (Amendment of Fees) Regulations 1987

• Citation: S.I. 1987/393
• Sections: 3

Section 1

These Regulations may be cited as the Industrial and Provident Societies (Credit Unions) (Amendment of Fees) Regulations 1987 and shall come into force on 1st April 1987.

Section 2

The Industrial and Provident Societies (Credit Unions) Regulations 1979 shall be amended by substituting for Schedule 2 thereto the following Schedule:—

FEES PAYABLE FOR REGISTRATION AND SUNDRY OTHER MATTERS

For the registration of a special resolution where the special resolution relates to an amalgamation or a transfer of engagements and the credit union passing it has—

(a) 100 members or less

(b) more than 100 members but not more than 500

(c) more than 500 members but not more than 1,000

(d) more than 1,000 members

For the registration of an instrument of dissolution or alteration therein where the society has—

(a) 100 members or less

(b) more than 100 members but not more than 500

(c) more than 500 members but not more than 1,000

(d) more than 1,000 members

For the provision of a copy of the whole of or an extract from any document—

(a) where the copy is a photocopy and is not certified as a true copy of a document in the custody of the Registrar (except as may be necessary for the examination of the copy)—

(i) where the copy does not exceed 5 pages, or for the first 5 pages of a copy which exceeds 5 pages

(ii) for every page of a copy after the fifth page

(b) where the copy is not a photocopy and is not so certified—

(i) where the copy does not exceed 216 words, or for the first 216 words of a copy which exceeds 216 words

(ii) for each complete folio of 72 words by which a copy exceeds 216 words

(c) where the copy, whether a photocopy or not, is certified as provided in subparagraph (a) above (as an addition to whatever fee would be payable if the copy were not so certified and the fee for the signature of a Registrar or the seal of the Central Office)

The fee for the acknowledgement of registration of a credit union the rules of which are in the form of model rules, where the application for the registration is made through and endorsed by the association or body which has sponsored the rules contained in the said model, shall be £140.

The fee for the acknowledgement of registration of an amendment of rules being a substitution of an entire set of rules for the existing set of rules, where the entire set of rules is in the form of model rules and where the application for registration is made through and endorsed by the association or body which has sponsored the rules contained in the said model, shall be £100.

The fee to be delivered to the Central Office pursuant to section 1(2)(b) of the 1967 Act or to the Assistant Registrar of Friendly Societies for Scotland pursuant to section 4(1)(c) of the 1967 Act shall be £16.

Section 3

The Industrial and Provident Societies (Credit Unions) (Amendment of Fees) Regulations 1986 are hereby revoked.