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You are viewing FEES TP 22 Transitional provisions relating to FSCS levy arrangements for TP firms from IP completion day as of . FEES TP 22 Transitional provisions relating to FSCS levy arrangements for TP firms from IP completion day was last updated on 01/01/2021.

FEES TP 22 Transitional provisions relating to FSCS levy arrangements for TP firms from IP completion day

01/01/2021
(1)(2)(3)(4)(5)(6)
Material to which the transitional provision applies Transitional provisionTransitional provision: dates in forceHandbook provision: coming into force
22.1FEES 6.5.9RRThe rule referred to in column (2) does not apply to TP firms.From IP completion day, indefinitelyIP completion day
22.2FEES TP 22.1RGFEES TP 22.1R means that a TP firm that becomes a participant firm part way through a financial year of the compensation scheme will be required to pay a share of a compensation costs levy and a specific costs levy.  
22.3The changes made to FEES 6 by the Exiting the European Union: Temporary Permission and Financial Services Contracts Instrument 2019R

The changes in (2) apply to any levy made after IP completion day. This is so even if:

(1) the claim against the relevant person or successor in default arose or relates to circumstances arising before that date; or

(2) the relevant person or successor was in default before that date.

From IP completion day, indefinitelyIP completion day