Statutory Instruments
2024 No. 153
FEES AND CHARGES
The Registrar of Companies (Fees) (Register of Overseas Entities) Regulations 2024
Made
14th February 2024
Laid before Parliament
19th February 2024
Coming into force
1st May 2024
The Secretary of State makes these Regulations in exercise of the powers conferred by sections 1063(1) to 1063(3A) and 1292(1)(c) of the Companies Act 2006( 1 ).
Citation, commencement and extent I1
1. —(1) These Regulations may be cited as the Registrar of Companies (Fees) (Register of Overseas Entities) Regulations 2024.
(2) These Regulations come into force on 1st May 2024.
(3) These Regulations extend to England and Wales, Scotland and Northern Ireland.
Interpretation I2
2. In these Regulations—
“ the 2022 Act ” means the Economic Crime (Transparency and Enforcement) Act 2022 ( 2 );
F1 ...
F2 ...
“ overseas entity ” has the meaning given in section 2 of the 2022 Act;
“ register of overseas entities ” means the register referred to in section 3(1) of the 2022 Act;
“ the registrar ” has the meaning given in section 3(1) of the 2022 Act.
[F3 Fees payable to the registrar. I3
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. F3]
Transitional provisions I4
4. Regulation 3 and the Schedule do not have effect where any document or application delivered to the registrar on or before [F4 30th April 2024 F4] is registered on or after [F5 1st May 2024 F5] .
Kevin Hollinrake
Parliamentary Under Secretary of State
Department for Business and Trade
14th February 2024
Regulation 3
Schedule FEES PAYABLE I5
Register of Overseas Entities
In respect of the performance by the registrar of functions in relation to the register of overseas entities the fee specified in relation to the matter below is payable on the registration of the documents so delivered relating to that matter except as provided in sub-paragraph (c)—
| Matter for which fee is payable | Amount of fee |
|---|---|
|
(a) for the registration of an overseas entity under Part 1 Section 4 of the 2022 Act— |
|
|
(i) where the required documents are delivered in hard copy form, |
£467.00 |
|
(ii) where the required documents are delivered by electronic means; |
£234.00 |
|
(b) for the delivery to the registrar of the statements and information required under the updating duty under Part 1 Section 7 of the 2022 Act— |
|
|
(i) where the required documents are delivered in hard copy form, |
£467.00 |
|
(ii) where the required documents are delivered by electronic means; |
£234.00 |
|
(c) for the application by a registered overseas entity for removal from the list of registered overseas entities under Part 1 Section 9 of the 2022 Act payable on receipt of the application— |
|
|
(i) where the application is delivered in hard copy form, |
£940.00 |
|
(ii) where the application is delivered by electronic means. |
£706.00 |
2006 c.46 . Section 1063 was amended by section 93 of the Economic Crime and Corporate Transparency Act 2023 (c. 56) .