[137SB Rules to recover debt advice expenses incurred by the devolved authorities]
[137SB Rules to recover debt advice expenses incurred by the devolved authorities]

[(1)     The Treasury may, from time to time, notify the FCA of the amount of the expenses incurred, or expected to be incurred, by the devolved authorities in connection with the provision of information and advice on debt to members of the public in Scotland, Wales and Northern Ireland.

(2)     Where the Treasury have notified the FCA of an amount of expenses under subsection (1), the FCA must make rules for imposing levies with a view to recovering—

(a)     the amount notified, and

(b)     expenses incurred by the FCA in connection with its functions under this section.

(3)     The rules must require the payment to the FCA of specified sums, or sums calculated in a specified way, by—