Status: Please note you should read all Brexit changes to the FCA Handbook and BTS alongside the main FCA transitional directions. Where these directions apply the 'standstill', firms have the choice between complying with the pre-IP completion day rules, or the post-IP completion day rules. To see a full list of Handbook modules affected, please see Annex B to the main FCA transitional directions.

FEES App 1 Annex 1A Application Fees payable

R

Part 1 Application fees payable to register a new society other than a credit union

Transaction

Amount payable (£)

Application using model rules without any amendment to the model

40

Application using model rules with between 1 and 6 amendments to the model

120

Application using model rules with between 7 and 10 amendments to the model

350

Application using model rules with 11 or more amendments to the model, or using free draft rules

950

Part 2 Application fees payable by sponsoring bodies

This fee is not payable by sponsoring bodies in respect of the model rules of credit unions.

Transaction

Amount payable (£)

Application for a new set of model rules

950

Part 3 Method of payment of application fees

Payment method

Additional amount or discount applicable

Cheque

None