Related provisions for FEES 9.2.10

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To access the FCA Handbook Archive choose a date between 1 January 2001 and 31 December 2004 (From field only).

FEES 9.2.5GRP
The FCA will not relieve or refund a PSR fee if a payment system ceases to be a regulated payment system after the start of that fee year.
FEES 9.2.7RRP
If an operator of a regulated payment system does not pay the total amount of its PSR fees before the end of the date on which it is due it must pay:(1) an administrative fee of £250; plus(2) interest on any unpaid part of the fee at an annual rate of 5% above the Official Bank Rate from time to time in force, accruing daily from the date on which the amount concerned became due.