FEES TP 23 Transitional provisions for a data reporting services provider that was an incoming data reporting services provider prior to IP completion day

23.1

FEES 4 Annex 11R Part 5 G.25

R

Where:

(1) a data reporting services provider was deemed to be authorised under the DRS Regulations by regulation 12A of those regulations;

(2) the data reporting services provider has paid the periodic fee specified in FEES 4 Annex 11R Part 5 G.25 in full for the period from 1 April 2021 to 31 March 2022; and

(3) following payment of that fee, a UKcompany in the same group as the data reporting services provider becomes authorised under regulation 7 of the DRS Regulations,

the UKcompany will not be required to pay a fee under FEES 4 Annex 11R Part 5 G.25 for the period from 1 April 2021 to 31 March 2022.

From 1 April 2021

1 July 2021