Joint Committee on Statutory Instruments Thirty-First Report


APPENDIX II

Memorandum by HM Treasury

INDUSTRIAL AND PROVIDENT SOCIETIES (AMENDMENT OF FEES) REGULATIONS 1998 (S.I. 1998/676)

The Committee requested a memorandum to explain why Schedule 2 did not set out, against each fee figure, the amount of the previous fee in accordance with Statutory Instrument Practice, paragraph 2.77.

2.  It is very much regretted that due to an oversight these figures were not included with the documentation sent to the Committee. The attached table sets out the comparative figures for Schedule 2.

3.  The Treasury very much regrets this mistake and apologises for it. Steps are being taken to ensure it is not repeated.

20th April 1998

Industrial and Provident Societies (Amendment of Fees) Regulations
From 01.04.97 From 01.04.98
£ £
Schedule 2
1) new society 670 800
2) amendment of rules - up to 6 amendments n/a 220
3) amendment of rules - 7 to 10 amendments n/a 350
4) amendment of rules - more than 10
amendments n/a 650
5) amendment of rules re. section 10(2)(b)
or section 11 n/a nil
6) amendment of rules re. membership
equal rights nil nil
7) change of name 160 175
8) change of registered office 40 40
9) special resolution
a) amalgamation/transfer of engagements 250 350
b) conversion - society to a company 515 575
c) conversion - company to a society 50 55
10) appointment of an inspector 205 225
11) instrument of dissolution 260 325
12) division of assets
a) assets less than £1,000 20% of assets 20% of assets
b) assets exceed £1,000 £200 + £10 per £100 £200 + £10 per £100
13) registration of a document 40 40
14) inspection of a document 8 8
15) copy
a) uncertified
i) up to 5 pages 3 3
ii) each page over 5 0.60 0.60
b) certified copy 8 8
(in addition to fee at (a) above)
16) copies sent by post 5 5
(in addition to fees at 15 above)
17) new society
a) model rules through sponsoring body 90 80
b) model rules - up to 6 amendments 310 250
c) model rules - 7 to 10 amendments n/a 395
d) model rules more than 10 amendments n/a 800
18) conversion of Friendly Society into an
Industrial and Provident Society nil nil
19) amendment of rules
a) model rules through sponsoring body 90 90
b) model rules - up to 6 amendments 295 150
c) model rules - 7 to 10 amendments n/a 200
d) model rules more than 10 amendments n/a 650
20) registration of annual return 25 25
21) rules examination section 8 nil nil
22) approval of model rules from a sponsoring
body
a) entire set 670 800
b) up to 6 amendments 205 220
c) 7 to 10 amendments n/a 350
d) more than 10 amendments n/a 650
23) application to cancel 40 40
24) approval of charge received late n/a 40
I & P Regulations 1967(a) - Regulation 5 52 60


 
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