SUP 20.6 Periodic fees for certificates under article 54 of the Regulated Activities Order
A person who holds a certificate under article 54 of the Regulated Activities Order must pay to the FSA each periodic fee specified in Part 2 of SUP 20 Annex 3 R applicable to him.1
A person must not make any deductions from the amount required under SUP 20.6.1 R.
Modifications for new holders
If a certificate is issued to a person under article 54 of the Regulated Activities Order during the course of a year, the periodic fee payable under SUP 20.6.3 R for that year is the amount specified in Part 2 of SUP 20 Annex 3 R modified in accordance with Table SUP 20.6.5 R.2
Table: Modification of periodic fees for certificates This table belongs to SUP 20.6.4 R.
Quarter in which the certificate is granted or extended |
Proportion payable |
1 April to 30 June inclusive |
100% |
1 July to 30 September inclusive |
75% |
1 October to 31 December inclusive |
50% |
1 January to 31 March inclusive |
25% |
Time and method for payment
Each periodic fee must be paid to the FSA on or before:
The amount due must be paid using one of the payment methods specified in SUP 20.2.7A R.2
The FSA will issue invoices to the holders of certificates and expects to do so at least 30 days before the dates on which payments fall due.