The FOS ADR levy is calculated as follows:
Next, multiply the applicable rate in the table at FEES 3 Annex 9R(11) by the number of hours or part hours obtained under (1).
Then add any fees and disbursements invoiced to the FCA by any person in respect of services performed by that person for the FCA to assist the FCA in performing its functions under the ADR Regulations.
The resulting figure is the FOS ADR levy.
The obligation to pay the FOS ADR levy is ongoing.
All levies payable under FEES 12 are stated net of VAT.
Where VAT is applicable, this must also be included.