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FEES 2.1.2

Past version: effective from 21/10/2015 - 20/10/2015
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(a) An Authorised Person with a Financial Services Permission to carry on the Regulated Activities of either Accepting Deposits or Managing a Profit Sharing Investment Account must pay to the Regulator an annual supervision fee of $30,000.
(b) The Authorised Person referred to in (a) shall pay an additional annual supervision fee of $5,000 for each additional Regulated Activity for which it has a Financial Services Permission.
(c) In the first year of supervision, the relevant Authorised Person referred to in (a) 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.