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