The Companies (Fees) (Amendment) Regulations 1990

Regulations made by the Secretary of State, laid before Parliament under section 708(2) of the Companies Act 1985, for approval by resolution of each House of Parliament within 28 days beginning with the day on which the regulations were made, subject to extension for periods of dissolution, prorogation or adjournment for more than four days.

Statutory Instruments

1990 No. 1197

COMPANIES

The Companies (Fees) (Amendment) Regulations 1990

Made

7th June 1990

Laid before Parliament

8th June 1990

Coming into force

1st July 1990

The Secretary of State, in exercise of the powers conferred on him by section 708(1) and (2) of the Companies Act 1985(1) hereby makes the following Regulations:

1.  These Regulations may be cited as the Companies (Fees) (Amendment) Regulations 1990 and shall come into force on 1st July 1990.

2.  The Schedule to the Companies (Fees) Regulations 1988(2) is amended as follows:

(a) for the first two entries in the Schedule there is substituted the following entry:

“For registration of a company on its formation under the Act or in pursuance of Chapter II of Part XXII of the Act and for the re-registration of a company under the Act £50.00”

(b) for the third entry in the Schedule there is substituted the following entry:

“For registration of a copy of an annual return delivered otherwise than in compliance with section 699 or for registration of copies of accounts delivered to the registrar of companies in compliance with Chapter II of Part XXIII of the Act. £25.00”;

and

(c) for the sum of £2.50 which appears against the entry in the Schedule relating to the inspection of documents under section 709(1) of the Companies Act 1985 there is substituted the sum of £2.75.

Eric Forth

Parliamentary Under-Secretary of State,

Department of Trade and Industry

7th June 1990

Explanatory Note

(This note is not part of the Regulations)

These Regulations amend the Companies (Fees) Regulations 1988 by increasing some of the fees payable to the registrar of companies which were prescribed by those Regulations, as follows.

1.  The fee for re-registration of a limited company as unlimited or for re-registration of a public companyas private is increased from £5.00 to £50.00, to make it the same as the fee for registration of a company on its formation, for re-registration of a private company as public, for re-registration of an unlimited company as limited and for registrationof an unregistered company.

2.  The fee for registration of a copy of anannual return or for registration of a copy of an oversea company’s accounts is increased from £20.00 to £25.00.

3.  The fee for inspection of documents is increased from £2.50 to £2.75.

(1)

1985 c. 6.

(2)

S.I. 1988/887.