Joint Committee on Statutory Instruments Thirty-First Report


APPENDIX III

Memorandum by HM Treasury

FRIENDLY SOCIETIES (GENERAL CHARGE AND FEES) REGULATIONS 1998

(S.I. 1998/673)

The Committee requested a memorandum to explain why Schedule 1 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 1 and for the other fees and charges included in the Regulations.

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

Friendly Societies (General Charge and Fees) Regulations
From 01.04.97 From 01.04.98
Schedule 1
Percentage specified by A 0.31/100 0.35/100
(a) maximum resultant sum £25,000 £29,000
(b) minimum resultant sum £225 £250
Schedule 2 £ £
1) incorporation
a) new friendly society 740 800
b) existing friendly society 615 675
2) registration of a branch 165 180
3) authorisation under section 32 1,025 1,060
4) authorisation under section 33 170 175
5) annual return fee
a) society 115 125
b) branch 50 55
6) a) i) complete amendment of rules
A) society 410 450
B) branch 130 145
6) a) ii) partial amendment of rules
A) society 205 225
B) branch 55 60
6) b) change of registered office
A) society 40 40
B) branch 40 40
6) c) appointment of trustees
A) society 40 40
B) branch 40 40
6) d) change of name 160 175
6) e) alterations to memorandum 225 250
7) special resolution
a) transfer of engagements 250 350
b) conversion 515 575
8) appointment of inspector/calling of
special meeting by Chief Registrar 205 225
9) calling of special meeting by the
Commission 515 535
10) appointment of an inspector by the
Commission 205 215
11) instrument of dissolution
A) society 360 400
B) branch 260 290
12) dissolution - one hearing 52 55
13) dissolution - for each extra hearing 52 55
14) 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
15) investigation 825 900
16) registration of a document 40 40
17) approval of form of model rules
submitted by sponsoring body 670 800
18) amendment of form of model rules
submitted by sponsoring body 205 250
19) amendment of model rules 90 90
20) transfer of engagements - confirmation 2,050 2,120
21) transfer of engagements - confirmation
Commission approved reduction
- non directive societies 205 215
22) transfer of engagements - statement 2,050 2,120
23) transfer of engagements - statement
Commission approved reduction
- non directive societies 310 320
24) transfer of engagements - instrument 165 180
25) scheme under section 6(5) 103 110
26) request to cancel registration 40 40
27) confirmation of conversion 2,050 2,120
28) instrument of dissolution
- transfer of engagements 2,050 2,120
29) body corporate - Commission consent to
form/acquire 2,050 2,120
30) society to fulfil engagements of another 310 320
31) dispensation under section 47(1) to (6) 50 50
32) direction re. period for submission of
actuary's report - section 46(3) 50 50
33) direction re. period for submission of
actuary's reports - section 47(2) 50 50
34) extension of period for underwriting
account 50 50
35) consent to value implicit terms 200 205
Schedule 3
1) inspection of a document 8 8
2) copy
a) uncertified
i) up to 5 pages 3 3
ii each page over 5 0.60 0.60
b) certified copy
(in addition to fee at (a) above) 8 8
3) copies sent by post
(in addition to fees at 2 above 5 5


 
previous page contents next page

House of Lords home page Parliament home page House of Commons home page search page enquiries

© Parliamentary copyright 1998
Prepared 28 May 1998