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FEES 8.1 Consumer Credit permissions

FEES 8.1.1 R
  1. (1)

    1A person who notifies the FCA of a desire to obtain interim permission in accordance with article 56 (Interim permission) of the Financial Services and Markets Act 2000 (Regulated Activities) (Amendment) (No 2) Order 2013 must pay to the FCA, in full and without deduction, a fee of :

    1. (a)

      where the person is a sole trader:

      1. (i)

        if the notification is made on or before 30 November 2013, £105; or

      2. (ii)

        £150;

    2. (b)

      in any other case:

      1. (i)

        if the notification is made on or before 30 November 2013, £245; or

      2. (ii)

        £350.

  2. (2)

    Paragraph (1) does not apply if, immediately before 1 April 2014, the person held a standard licence under the Consumer Credit Act 1974 which covered only the carrying on of:

    1. (a)

      non-commercial debt counselling; or

    2. (b)

      non-commercial debt counselling and non-commercial debt adjusting; or

    3. (c)

      non-commercial debt counselling and non-commercial credit information services (including non-commercial credit repair); or

    4. (d)

      non-commercial debt counselling, non-commercial debt adjusting and non-commercial credit information services (including non-commercial credit repair);

    and which did not cover any other description or type of business.

  3. (3)

    Paragraph (1) does not apply if the person is a credit union.

  4. (4)

    Unless (5) or (6) applies, the fee required by (1) must be paid through the online system used to notify the FCA of the person's desire to obtain interim permission and must be paid by debit card (Maestro/Visa only) or credit card (Visa/Mastercard only).

  5. (5)

    If the person is a local authority, the fee required by (1) must be paid by debit card (Maestro/Visa only), credit card (Visa/Mastercard only), bankers draft, cheque, or other payable order.

  6. (6)

    If it appears to the FCA that, in the exceptional circumstances of a particular case, payment via the online system referred to in (3) would be inequitable, the FCA may allow payment of the fee required by (1) by bankers draft, cheque or other payable order.

  7. (7)

    The fee required by (1) must be paid when the person notifies the FCA of a desire to obtain interim permission.

  8. (8)

    This rule applies from 2 September 2013 until (and including) 14 April 2014.

FEES 8.1.2 R

The Fees manual does not apply in respect of the fee provided for in FEES 8.1.1R (1), except for the rules and guidance in FEES 2.3 and FEES 8.1.

Local authority interim permission

FEES 8.1.3 R
  1. (1)

    2A local authority which notifies the FCA of a desire to obtain interim permission in accordance with article 56 (Interim permission) of the Financial Services and Markets Act 2000 (Regulated Activities) (Amendment) (No 2) Order 2013 must pay to the FCA, in full and without deduction, a fee of £350.

  2. (2)

    The fee required by (1) must be paid by debit card (Maestro/Visa only), credit card (Visa/Mastercard only), bankers draft, cheque, or other payable order.

  3. (3)

    The fee required by (1) must be paid when the local authority notifies the FCA of a desire to obtain interim permission.

  4. (4)

    This rule applies from (and including) 27 June 2014 until (and including) 30 September 2014.

FEES 8.1.4 R

2The Fees manual does not apply in respect of the fee provided in FEES 8.1.3R (1), except for FEES 8.1.3 R and FEES 8.1.4 R.