The Registrar of Companies and Register of Overseas Entities (Fees) (Amendment) Regulations 2024

This Statutory Instrument has been made in consequence of defects in S.I. 2024/153 and S.I. 2024/155 and is being issued free of charge to all known recipients of those Statutory Instruments.

Statutory Instruments

2024 No. 454

COMPANIES

FEES AND CHARGES

The Registrar of Companies and Register of Overseas Entities (Fees) (Amendment) Regulations 2024

Made

1st April 2024

Laid before Parliament

3rd April 2024

Coming into force

25th April 2024

The Secretary of State makes these Regulations in exercise of the powers conferred by sections 1063(1) to (3A) and 1292(1)(c) of the Companies Act 2006(1).

Citation, commencement and extent

1.—(1) These Regulations may be cited as the Registrar of Companies and Register of Overseas Entities (Fees) (Amendment) Regulations 2024.

(2) These Regulations come into force on 25th April 2024.

(3) These Regulations extend to England and Wales, Scotland and Northern Ireland.

Amendment to the Registrar of Companies (Fees) (Amendment) Regulations 2024

2.  The Registrar of Companies (Fees) (Amendment) Regulations 2024(2) are amended as follows—

(a) in regulation 4(l)(i), for “for” in the first place it occurs substitute “in”;

(b) for the heading to Part 5, substitute “TRANSITIONAL PROVISION”;

(c) in regulation 8—

(i) for “7th January 2024” substitute “30th April 2024”;

(ii) for “8th January 2024” substitute “1st May 2024”.

Amendment to the Registrar of Companies (Fees) (Register of Overseas Entities) Regulations 2024

3.  The Registrar of Companies (Fees) (Register of Overseas Entities) Regulations 2024(3) are amended as follows—

(a) in regulation 2 (interpretation)—

(i) omit the definition of “duty to deliver documents by electronic means”;

(ii) omit the definition of “exception to the duty to deliver documents by electronic means”;

(b) for regulation 3 (fees payable to the registrar) substitute—

“(3) The Schedule to these Regulations makes provision for the fees that are payable to the registrar in respect of functions relating to the register of overseas entities.”;

(c) in regulation 4 (transitional provisions)—

(i) for “7th January 2024” substitute “30th April 2024”;

(ii) for “8th January 2024” substitute “1st May 2024”.

Kevin Hollinrake

Minister of State for Enterprise, Markets and Small Business

Department for Business and Trade

1st April 2024

Explanatory Note

(This note is not part of the Regulations)

These Regulations amend the Registrar of Companies (Fees) (Amendment) Regulations 2024 (S.I. 2024/155) and the Registrar of Companies (Fees) (Register of Overseas Entities) Regulations 2024 (S.I. 2024/153) in order to correct errors in relation to the dates contained in the transitional provisions for both instruments as well as some other defects.

Regulation 2(a) and (b) corrects two typographical errors in S.I. 2024/155.

Regulation 2(c) amends regulation 8 of S.I. 2024/155 in order to correct dates in the transitional provision so that they are aligned with the date the relevant fees amendments in that instrument come into force.

Regulation 3(a) and (b) remove references to regulations 3 and 4 of the Register of Overseas Entities (Delivery, Protection and Trust Services) Regulations 2022 (S.I. 2022/870) which, following the repeal of section 1069 of the Companies Act 2006 (c. 46) by virtue of the commencement of section 75(3) of the Economic Crime and Corporate Transparency Act 2023 (c. 56) on 5th March 2024, no longer have force of law.

Regulation 3(c) amends regulation 4 of S.I. 2024/153 in order to correct dates in the transitional provisions so that they are aligned with the date the relevant fees amendments in that instrument come into force.

An impact assessment has not been produced for this instrument as no, or no significant, impact on the private or voluntary sector is foreseen.

(1)

2006 c.46. Section 1063 was amended by section 93 of the Economic Crime and Corporate Transparency Act 2023 (c. 56).

(2)

S.I. 2024/155.

(3)

S.I. 2024/153.