These Regulations revoke the Company Auditors (Recognition Orders) (Application Fees) Regulations 1990 and the Companies Act 1989 (Recognised Supervisory Bodies) (Periodical Fees) Regulations 1993. The former regulations prescribe the fees payable by bodies applying for recognition under Part 2 of the Companies Act 1989 (eligibility for appointment as company auditor). The latter regulations prescribe the periodical fees payable by recognised supervisory bodies.