Part I Competition

Chapter V Miscellaneous

CMA's rules, guidance and fees

53 Fees.

F1(1)

The F2OFT may charge fees, of specified amounts, in connection with the exercise by F2it of specified functions under this Part.

(2)

Rules may, in particular, provide—

(a)

for the amount of any fee to be calculated by reference to matters which may include—

(i)

the turnover of any party to an agreement (determined in such manner as may be specified);

(ii)

the turnover of a person whose conduct the F2OFT is to consider (determined in that way);

(b)

for different amounts to be specified in connection with different functions;

(c)

for the repayment by the F2OFT of the whole or part of a fee in specified circumstances;

(d)

that an application or notice is not to be regarded as duly made or given unless the appropriate fee is paid.

(3)

In this section—

(a)

“rules” means rules made by the F2OFT under section 51; and

(b)

“specified” means specified in rules.