Source: https://www.handbook.fca.org.uk/handbook/FEES/4/2.html?date=2016-03-21
Timestamp: 2020-06-06 18:04:51
Document Index: 75179988

Matched Legal Cases: ['art 1', 'art 1', 'art 2', 'art 5', 'art 4', 'art 5', 'art 4']

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identifying each of the tariffs set out in Part 1 of FEES 4 Annex 2AR, 34 34and/or Part 1 of52 FEES 4 Annex 11 as appropriate9 for the relevant fee year52 that apply to the firm only after the permission is received or extended or payment service activities are authorised or registered 12or extended or electronic money issuance activities are authorised or registered under the Electronic Money Regulations;19:27
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working out whether an A.0 34minimum fee is payable under Part 2 of FEES 4 Annex 2AR 34(except that minimum fee is not payable again by a firm whose permission is extended if the fee was already payable before the extension);527
modifying the result34 in accordance with the formula set out 19in FEES 4.2.6 R (except that FEES 4 Annex 10R19 (Periodic fees for MTF operators) deals with a firm19that receives permission for operating a multilateral trading facility or has its permission extended to include this activity during the course of the relevant fee year52 and FEES 4.2.6 R does not apply).
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a firm's fees for its second and subsequent17 fee year.52 These are17 the 34 fee years52 following the fee year52 in which it was given permission and/or was authorised or registered 12 under the Payment Services Regulations or the Electronic Money Regulations12 or had its permission and/or payment services activities extended (the relevant permissions); and9
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17The starting point for calculating the fees referred to in (1)(a) is determining whether or not the firm's tariff base for the relevant fee year52 can be calculated using data from a complete period (as specified in Part 5 of FEES 4 Annex 1AR 34or Part 4 of52 FEES 4 Annex 11 R) that begins on or after the date that the firm obtained the relevant permission to which that tariff base relates.
Where a firm is required to use actual data under this rule FEES 4 Annex 1AR Part 5 34 and FEES 4 Annex 11 Part 4, are modified, where applicable,52 in relation to the calculation of that firm's valuation date in the fee years52 to which this rule applies.17
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References in this table to dates or months are references to the latest one occurring before the start of the FCA’s 34 fee year51 unless otherwise stated.