Entire Act

SCHEDULE 3: APPLICATION FEES PAYABLE TO THE AFSA FOR ANCILLARY SERVICES

1.1 Application fees for Ancillary Services

Fees for applications to carry on Ancillary Services An applicant seeking to carry on one or more Ancillary Services must pay to the AFSA the application fee for each type of Ancillary Serevices set out in the table 1.1 above.

Activity

Fee (USD)

Providing Legal Services

2 000

Providing Audit Services

2 000

Providing Accountancy Services

2 000

Providing Consulting Services

2 000

Providing Credit Rating Services

2 000

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1.2 Fees for variation or withdrawal of a Licence

Applications to modify or withdraw

An Ancillary Service Provider applying to the AFSA to change the scope of its Licence, to have a condition or restriction varied or withdrawn, or to have its Licence withdrawn must pay the prescribed fee set out in the table at 1.2 above.

Application to Modify or Withdraw a Licence

Fee (USD)*

Variation of an Ancillary Service Provider's Licence

The application fee under table 1.1 of Schedule 3 of FEES for an additional type of Ancillary Service currently being sought. This applies only to a variation (change) of the scope of Licence where new Ancillary Services sought to be included.

Withdrawal of an Ancillary Service Provider's Licence

At present, the AFSA does not intend to charge an application fee for these activities. Any such application fee shall be determined by the AFSA at a later date.

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Application fee for variation of a Licence prescribed herein is applied from 1 May 2022. Before 1 May 2022, this fee is not applied.