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Credit Unions

Volume 975: debated on Monday 10 December 1979

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asked the Chancellor of the Exchequer if he will list the current scale of fees charged for the registration of credit unions under the Credit Unions Act; and if he will confirm that these fees will remain operative for some time.

The full scale of fees currently payable by credit unions for registration and other services provided by the Registry of Friendly Societies is set out in schedule 2 to the Industrial and Provident Societies (Credit Unions) regulations 1979 (SI 1979/937).

A new scale of fees for these services is contained in the Industrial and Provident Societies (Credit Unions) (Amendment of Fees) Regulations 1979 (SI 1979/1556), which were laid before Parliament today, and will come into operation on 1 January 1980.