HL Deb 27 July 1967 vol 285 cc1281-4

Insert the following new Schedult—

("FEES TO BE PAID TO THE REGISTRAR OF COMPANIES
PART I
TABLE OF FEES
Matter in respect of which Fee is payable Amount of Fee
For registration on its formation under the principal Act of a company as one limited by shares, registration under that Act in pursuance of Part VIII thereof of a company as one so limited (not being a company in whose case the liability of the members thereof was, before registration in pursuance of that Part, limited by some other Act or by letters patent) or re-registration under the principal Act in pursuance of section 33 of this Act of a company as one limited by shares. If the nominal capital does not exceed £2,000, the sum of £20.
If the nominal capital exceeds £2,000 but does not exceed £5,000, the sum of £20 with the addition of £1 for each £1,000 or part of £1,000 of nominal capital in excess of £2,000.
If the nominal capital exceeds £5,000 but does not exceed £100,000, the sum of £23 with the addition of 5s. for each £1,000 or part of £1,000 of nominal capital in excess of £5,000.
If the nominal capital exceeds £100,000, the sum of £46 15s. 0d. with the addition of 1s. for each £1,000 or part of £1,000 of nominal capital in excess of £100,000.
For registration on its formation under the principal Act of a company as one not having a share capital, registration under that Act in pursuance of Part VIII thereof of a company as one limited by guarantee and not having a share capital or re-registration under that Act in pursuance of section 33 of this Act of a company as one so limited and not having a share capital. If the number of members stated in the articles does not exceed 25, the sum of £20.
If the number of members stated in the articles exceeds 25, but does not exceed 100, the sum of £20 with the addition of £1 for each 25 members or fraction of 25 members in excess of the first 25.
If the number of members stated in the articles exceeds 100 but is not stated to be unlimited the sum of £23 with the addition of 5s. for each 50 members or fraction of 50 members after the first 100.
If the number of members is stated in the articles to be unlimited, the sum of £38.

Schedule 2,Page 98,line 40, leave out from ("(8A))") to ("and") in line 41.

Schedule 2,Page 98,line 44, after ("13"), insert ("and")

Schedule 2,Page 98,line 44, leave out from ("14") to end of line 45

Schedule 2,Page 98,Page 99, line 23, after ("8"), insert ("and")

Schedule 2,Page 98,line 24, leave out from ("11") to end of line 25

Schedule 2,Page 98,line 28, at end insert ("but, where in its balance sheet reserves or provisions (other than provisions for depreciation, renewals or diminution in value of assets) are not stated separately, any heading stating an amount arrived at after taking into account a reserve or such a provision shall be so framed or marked as to indicate that fact, and its profit and loss account shall indicate by appropriate words the manner in which the amount stated for the company's profit or loss has been arrived at").

Schedule 2,Page 100, line 2, after ("of"), insert ("Part I of")

Schedule 2,Page 100,line 4, after ("7"), insert ("and")

Schedule 2,Page 100,line 5, leave out from ("11") to end of line 6.

Schedule 2,Page 100,line 9, leave out from ("12") to end of line 10 and insert ("and paragraph 13A")

Schedule 2,Page 101, leave out lines 27 to 34.

Schedule 2,Page 101,Leave out Schedule 3.

Matter in respect of which Fee is payable Amount of Fee
For registration on its formation under the principal Act of a company as one limited by guarantee and having a share capital, or as an unlimited one having a share capital, registration under that Act in pursuance of Part VIII thereof of a company as one so limited and having a share capital or re-registration under that Act in pursuance of section 33 of this Act of a company as one limited by guarantee and having a share capital. The same amount as would be charged for registration if the company were limited by shares or the same amount as would be so charged if the company had not a share capital, whichever is the higher.
For re-registration of a company under the principal Act in pursuance of section 32 of this Act. £5.
For registration of an increase in the share capital of a company. An amount equal to the difference (if any) between the amount which, were the company being registered on its formation under the principal Act, would be payable by reference to its capital as increased and the amount which, were the company being so registered, would be payable by reference to its capital immediately before the increase.
For registration of an increase in the membership of a company limited by guarantee or an un-unlimited company. An amount equal to the difference (if any) between the amount which, were the company being registered on its formation under the principal Act as a company limited by guarantee or as an unlimited company, would be payable by reference to its membership as increased and the amount which, were the company being so registered as such a company, would be payable by reference to its membership immediately before the increase.
For registration of a copy of an annual return or copies of documents delivered to the registrar of companies in compliance with section 410 of the principal Act. £3.
For entering on the register the name of a company assumed by virtue of the passing of a special resolution by virtue of section 18(1) of the principal Act. £10.
PART II
LIMITATIONS ON OPERATION OF PART I
1. Where in the case of a company limited by guarantee and having a share capital or an unlimited company having a share capital, an increase of share capital is made at the same time as an increase of membership, the company shall pay whichever fee is the higher, but not both.
2. The total of the fees to be paid by a company by reference to its membership shall in no case exceed £38.
3. The total of the fees to be paid by a company by reference to its share capital or of the fees to be paid by it by reference to its membership and the fees to be paid by it by reference to its share capital, shall in no case exceed £68.
4. In determining what fee (if any) is to be paid by a company upon an increase in its membership it shall be assumed, for the purpose of the application of the foregoing provisions of this Part of this Schedule, that the amount that would be payable by it by reference to its membership immediately before the increase has been paid, and in determining what fee (if any) is to be paid by a company upon an increase in its share capital, it shall be assumed, for that purpose, that the amount that would be payable by it by reference to its capital immediately before the increase has been paid.")
Forward to