Source: https://www.handbook.fca.org.uk/handbook/FEES/4/2.html?date=2016-06-30
Timestamp: 2019-12-11 14:19:09
Document Index: 545758705

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

FEES 4.2.6R 01/03/2016
For20 the fee year during which the event19 described in column 4 of the table in FEES 4.2.11 R34, giving rise to, or giving rise to an increase in, the fee payable in FEES 4.2.1 R occurs , the periodic fee required under FEES 4.2.1 R is modified for:
1920512719505019
all other fee payers in column (1) of the table in FEES 4.2.11 R34, in accordance with the formula set out below19.
the calendar month in which the event described in column 4 of the table in FEES 4.2.11 R 34occurred; and
FEES 4.2.7R 01/03/2016
identifying each of the tariffs set out in Part 1 of FEES 4 Annex 2AR, 34 34and/or Part 1 of51 FEES 4 Annex 11 as appropriate9 for the relevant fee year51 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
5151511919
any applicable minimum fee specified in relation to 28a particular tariff in FEES 4 Annex 2AR 34(but note, for the avoidance of doubt, that these are not the A.0 34minimum fees set out under Part 2 of FEES 4 Annex 2AR 34); and
adding together the amounts calculated under (2)34;
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);517
[deleted]34
10adding together the amounts calculated under (3), (4) and (4A) 34and then adding this sum to any applicable flat rate fee;34 and
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 year51 and FEES 4.2.6 R does not apply).
51191951
FEES 4.2.7BR 01/03/2016
a firm's fees for its second and subsequent17 fee year.51 These are17 the 34 fee years51 following the fee year51 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
95117515117175151
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 year51 can be calculated using data from a complete period (as specified in Part 5 of FEES 4 Annex 1AR 34or Part 4 of51 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,51 in relation to the calculation of that firm's valuation date in the fee years51 to which this rule applies.17
51519917
FEES 4.2.7CG 01/03/2016
References in this table to dates or months are references to the latest one occurring before the start of the FCA’s 34 fee year50 unless otherwise stated.