§ Ms LawrenceTo ask the Chancellor of the Exchequer what plans he has to increase the fees Her Majesty's Treasury currently charges to applicants for Recognised Overseas Investment Exchange status or Recognised Overseas Clearing House status under sections 112 and 113 of the Financial Services Act 1986. [86617]
§ Ms HewittThe application fee will be increased to £33,000 and the periodical fee will be increased to £9,000 with effect from 1 July 1999.