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Schedule 9, Part 1, Part 5A, paragraph 206Z

FSMA 2023

The Bank of England may require a recognised person to pay fees. A requirement under subsection (1) must relate to a scale of fees approved by the Treasury by regulations. Regulations under subsection (2)— are to be made by statutory instrument, and are subject to annulment in pursuance of a resolution of either House of Parliament. A requirement under subsection (1) may be enforced by the Bank as a civil debt owed to the Bank.

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Source: legislation.gov.uk · retrieved 2026-09-04