• FEES 2.2 FEES 2.2 General authorisation and supervision fees for non-deposit-taking institutions

    • FEES 2.2.1

      Save for as provided for in Chapter 3:

      (a) a non-deposit-taking institution applying for a Financial Services Permission to carry on one Regulated Activity must pay to the Regulator an initial authorisation fee of $5,000; and
      (b) the applicant referred to in (a) must pay to the Regulator an additional authorisation fee of $5,000 for each additional Regulated Activity for which it seeks a Financial Services Permission.

    • FEES 2.2.2

      Save for as provided for in Chapter 3:

      (a) a non-deposit-taking institution with a Financial Services Permission to carry on one Regulated Activity must pay to the Regulator an annual supervision fee of $5,000; and
      (b) the Authorised Person referred to in (a) must pay to the Regulator an additional annual supervision fee of $5,000 for each additional Regulated Activity for which it has a Financial Services Permission.

    • FEES 2.2.3

      In the first year of supervision, the Authorised Person referred to in Rule 2.2.2 will be required to pay a portion of the annual supervision fee based on the number of months remaining until the end of the financial year.