FEES Sch 4 Powers exercised

The following powers and related provisions in or under the Act have been exercised by the FSA to make the rules in FEES:

Section 72 (The competent authority)

Section 74 (The official list)

Section 99(1), (1B) and (2) (Fees)

Section 101 (Part 6 rules: general provisions)

Section 138 (General rule-making power)

Section 156 (General supplementary powers)

Section 213 (The compensation scheme) (including as referred to in section 216(5) (Continuity of long-term insurance policies) and section 217(7) (Insurers in financial difficulties)

Section 214 (General)

Section 223 (Management expenses)

1Section 223C (Payments in error)

3Section 224F (Rules about relevant schemes)

Section 234 (Industry funding)

Paragraph 17 (Fees) of Schedule 1 (The Financial Services Authority)

2Paragraph 12 of Part 2 (Funding) of Schedule 1A (Further provision about the consumer financial education body)

Paragraphs 1 (General), 4 (Rules) and 7 (Fees) of Schedule 7 (The Authority as Competent Authority for Part VI)

The following additional powers have been exercised by the FSA to make the rules in FEES:

Regulation 82 (Reporting requirements) of the Payment Services Regulations

Regulation 92 (Costs of supervision)4 of the Payment Services Regulations

1Section 123 (Role of FSCS) of the Banking Act 20095

5Regulation 59 (Costs of supervision) of the Electronic Money Regulations

The following power in the Act has been exercised by the FSA to make the guidance in FEES:

Section 157 (Guidance)

The following additional powers have5 been exercised by the FSA to make guidance5 in FEES:

Regulation 93 (Guidance) of the Payment Services Regulations5

5Regulation 60 (Guidance) of the Electronic Money Regulations

The following powers and related provisions in the Act have been exercised by the FOS Ltd to make the rules in FEES:

Paragraphs 15 (Fees), 16C (Fees) and 18 (Terms of reference to the scheme) of Schedule 17 (The Ombudsman Scheme)