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Statutory Instrument

The Financial Services Act 1986 (Overseas Investment Exchanges and Overseas Clearing Houses) (Periodical Fees) Regulations 1999

Citation
S.I. 1999/1576
As at
Sections
3
Section 1Citation and commencement

These Regulations may be cited as the Financial Services Act 1986 (Overseas Investment Exchanges and Overseas Clearing Houses) (Periodical Fees) Regulations 1999 and shall come into force on 1st July 1999.

Section 2Prescription of periodical fees

(1) An overseas investment exchange or an overseas clearing house shall pay to the Treasury a periodical fee of £9,000.

(2) Such a fee shall be payable by an overseas investment exchange or an overseas clearing house–

(a) on the date on which it becomes an overseas investment exchange or an overseas clearing house, and

(b) on each anniversary of the date on which it became an overseas investment exchange or an overseas clearing house.

Section 3Revocation

The Financial Services Act 1986 (Overseas Investment Exchanges and Overseas Clearing Houses) (Periodical Fees) Regulations 1993 are revoked.

3 sections

Cite this legislation

The Financial Services Act 1986 (Overseas Investment Exchanges and Overseas Clearing Houses) (Periodical Fees) Regulations 1999 (legislation.gov.uk, OGL v3.0). Retrieved via LawPlayer, https://lawplayer.com/uk/act/uksi-1999-1576

Contains public sector information licensed under the Open Government Licence v3.0.

OGL-3

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