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Anticipated Fee Structure and Certification Process in TCE Act

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Dive into the proposed fee regulations and certification process under the TCE Act, including a single scale replacing multiple fees, trigger points, uplifts, enforcement fees, and the certification criteria. Explore the transition arrangements, potential impact on stakeholders, and future regulatory reviews.

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Anticipated Fee Structure and Certification Process in TCE Act

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  1. TCE Act – Anticipated Fee Structure and Certification Process? Andy Rose - Managing Director, Bristow & Sutor

  2. Fee Regulations • Not here yet! • Autumn to allow for CPI data • Single scale to replace previous mess • Government Economist’s work • Non High Court = 3 defined stages • Administration/Compliance Fee • Enforcement Fee • Removal Fee • Variable/Exceptional costs • Core activities

  3. Administration/Compliance Fee • Trigger point wording • £75 subject to uplift • Office based activities • Principle to avoid/reduce enforcement visits • Information & Payments • Fees pro rata • £750 + £75 = 10% • Multiple cases

  4. Enforcement Visit Fee • Trigger Point • Actions to be undertaken • £230 subject to uplift • £1500 threshold – additional 7.5% • Notices • Follow up visits • Single fee application • Fees pro rata – percentage change

  5. Removal Fee • Goods have to be removed and taken to a place of sale • £105 subject to uplift • Exceptional costs application – messy! • Additional auctioneer’s costs for sale process • HCEO Fee = £510?

  6. The ponderables! • Amount of uplift? • Across all the component fees? • How will pro rata be defined? • Exceptional costs process • VAT! • Transition arrangements • 12 month review

  7. Certification v Regulation • Regulation considered and dismissed • Package of new measures under TCE • Recommendation 18 – Implement Section 64 of the TCE Act = Certification • Similar to existing process • Enhanced features • Evidence of competences • Training / Examination

  8. Certification v Regulation • MOJ working with stakeholders • CIVEA/IRRV initiative • Possible future review • LGO future role?

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