• FEES 3.10 FEES 3.10 Application to register a Fund

    • FEES 3.10.1

      Rules 3.10.2 to 3.10.8 do not apply to a Fund Manager, or the Person proposing to be the Fund Manager, of a Domestic Fund that is a Passported Fund.

      Amended on (24 February, 2020).

    • FEES 3.10.2

      In the initial year of the Fund’s registration or notification, as applicable, the fee due in accordance with Rules 3.10.4, 3.10.6, 3.10.7 or 3.10.8 shall be prorated, based on the number of months remaining from the date of such registration or notification, as applicable, until the end of the calendar year.

    • FEES 3.10.3

      The Fund Manager or the Person proposing to be the Fund Manager of a Public Fund which is an Umbrella Fund, who is applying to register the Fund, must pay to the Regulator:

      (a) an initial application fee of $3,000; and
      (b) an additional application fee of $1,000 for each of the additional Sub-Funds of the Umbrella Fund which it seeks to register.

    • FEES 3.10.4

      The Fund Manager or the Person making an application under Rule 3.10.3 is not required to pay an annual supervision fee to the Regulator.

    • FEES 3.10.5

      A Fund Manager of a Domestic Passported Fund is not required to pay the Regulator the application fee required in accordance to Rule 3.10.1.

      Added on (11 March, 2019).

    • FEES 3.10.6

      The Fund Manager of a Public Fund which is an Umbrella Fund is required to pay an annual registration renewal fee of $3,000 to the Regulator in respect of the Umbrella Fund and its first Sub-Fund and an additional annual registration renewal fee of $1,000 for each additional Sub-Fund of the Umbrella Fund that it has registered.

    • FEES 3.10.7

      Amended on (24 February, 2020).

    • FEES 3.10.7

      The Fund Manager of a Domestic Fund which is an Exempt Fund, or a Qualified Investor Fund, but is not an Umbrella Fund, must pay an annual notification renewal fee to the Regulator of $2,000, due at the commencement of each calendar year following the date of notification of the Exempt Fund, or Qualified Investor Fund, as applicable.

      Amended on (24 February, 2020).

    • FEES 3.10.8

      The Fund Manager of an Exempt Fund, or a Qualified Investor Fund, that is an Umbrella Fund, is required to pay an annual notification renewal fee of $2,000 to the Regulator in respect of the Umbrella Fund and its first Sub-Fund and an additional annual notification renewal fee of $1,000 for each additional Sub-Fund of the Umbrella Fund.

      Amended on (24 February, 2020).