Schedules

Schedule 4RULE-MAKING POWERS

Rules as to fees8

1

The Regulator must make rules as to the setting, charging, collection and recovery of fees in connection with the discharge of a function under this Order, including a function discharged outside the United Kingdom.

2

The rules must not require a registrant to pay fees in connection with specific proceedings to determine that registrant’s fitness to practise.

3

The rules must require the level of any fees to be set with a view to ensuring that, so far as is reasonably practicable and taking one year with another, the Regulator’s fee income does not exceed its expenses, including amounts reasonably required to be set aside as reserves.

4

The rules may provide that a request or application in respect of which a fee is payable is not valid unless the fee is paid.

5

Any fees recoverable pursuant to this paragraph may be recovered by—

a

the Regulator, or

b

a person or body prescribed in the rules,

in such circumstances or cases, and to such extent, as may be prescribed in the rules.

6

Any such sum is recoverable in Scotland as a debt and in England, Wales and Northern Ireland summarily as a civil debt.