EXPLANATORY STATEMENT
Migration Regulations 1994
PAYMENT OF VISA APPLICATION CHARGES AND FEES IN FOREIGN CURRENCIES
(Paragraph 5.36(1A)(a))
- This Instrument is made under paragraph 5.36(1A)(a) of the Migration Regulations 1994 (the Regulations) and revokes Instrument IMMI 14/005 (F2014L00648) made on 26 May 2014.
2. The purpose of the Instrument is to specify the exchange rate to be used when calculating payments in specific currencies for the purposes of paying a visa application charge and other fees.
3. The Instrument operates to specify the exchange rates to be applied against each specified currency when calculating the payment of a visa application charge and other fees.
4. The instrument has been updated to include the Nigerian Naira currency together with its ISO Code and the relevant Exchange Rate.
5. Consultation was not necessary as, under section 18(1) of the Legislative Instruments Act 2003, the Instrument is of a minor or machinery nature and does not substantially alter existing arrangements.
6. The Office of Best Practice Regulation has advised that a Regulatory Impact Statement is not required (OBPR Reference 17737).
7. Under section 44 of the Legislative Instruments Act 2003 the Instrument is exempt from disallowance and therefore a Human Rights Statement of Compatibility is not required.
8. The Instrument, IMMI 14/101, commences on 3 November 2014.