| | | Application for grant of financial adviser’s licence |
| | | In the manner specified by the Authority, at time of application |
|
| | | Annual licence fee for financial adviser’s licence |
| | Amount derived from the formula: $2,000 + (5 × A), where A is the total number of appointed and provisional representatives of the financial adviser as at 1 January of the calendar year concerned that is in excess of 100 |
| | (a) | Where licensed financial adviser has no GIRO arrangement with the Authority, in the manner specified by the Authority, by the date specified in the fee advice |
|
|
| | | | | (b) | Where licensed financial adviser has GIRO arrangement with the Authority, by GIRO by the date specified by the Authority in the fee advice |
|
|
| | | Application to add type(s) of financial advisory service or type(s) of investment product to financial adviser’s licence |
| | | By GIRO by the 16th day of the month following that in which application is made |
|
| | | Annual fee for exempt financial adviser |
| | Amount derived from the formula: 5 × A, where A is the total number of appointed and provisional representatives of the exempt financial adviser as at 1 January of the calendar year concerned that is in excess of 100 |
| | (a) | Where exempt financial adviser has no GIRO arrangement with the Authority, in the manner specified by the Authority by the date specified in the fee advice |
|
|
| | | | | (b) | Where exempt financial adviser has GIRO arrangement with the Authority, by GIRO by the date specified by the Authority in the fee advice |
|
|
| | | Lodgment of documents under section 26 of the Act for appointment of appointed or provisional representative |
| | | (a) | If principal is an applicant for financial adviser’s licence, in the manner specified by the Authority, at time of application |
|
| (b) | If principal is a licensed financial adviser, and — |
|
| (i) | it has no GIRO arrangement with the Authority, in the manner specified by the Authority, by the date specified in the fee advice; |
|
| (ii) | it has GIRO arrangement with the Authority, by GIRO by the 16th day of the month following that in which lodgment is made |
|
|
| | | Annual fee for retention of name of appointed or provisional representative in public register of representatives in the year in which the name is first entered in the register* |
| | Amount derived from the formula: |
| where A | is the number of days between the date the name is first entered in the register and 31st December of same year (both dates inclusive) |
|
| | (a) | Where principal has no GIRO arrangement with the Authority, in the manner specified by the Authority, by the date specified in the fee advice |
|
| (b) | Where principal has GIRO arrangement with the Authority, by GIRO by the 16th day of the month following that in which name is entered in the register |
|
|
| | | Annual fee for retention of name of appointed or provisional representative in public register of representatives in any other year |
| | | (a) | Where principal has no GIRO arrangement with the Authority, in the manner specified by the Authority, by the date specified in the fee advice |
|
| (b) | Where principal has a GIRO arrangement with the Authority, by GIRO by the date specified by the Authority in the fee advice |
|
|
| | | Resubmission of a form for lodgment of documents under section 26(1) of the Act for appointment of appointed or provisional representative |
| | | (a) | If principal has no GIRO arrangement with the Authority, in the manner specified by the Authority, by the date specified in the fee advice |
|
| (b) | If principal has GIRO arrangement with the Authority, by GIRO by the 16th day of the month following that in which resubmission is made |
|
|
| | | Inspection of and extraction from records |
| | $20 per name submitted for inspection** |
| | (a) | Where the person has no GIRO arrangement with the Authority, in the manner specified by the Authority, by the date specified in the fee advice |
|
| (b) | Where the person has a GIRO arrangement with the Authority, by GIRO by the 16th day of the month following that in which the request for inspection of and extraction from record is made |
|
|
| * | For the avoidance of doubt, this fee is still required to be paid if the date on which the name is entered in the register is 31st December. |
|
|
| ** | This fee is inclusive of the goods and services tax chargeable under the Goods and Services Tax Act 1993. No goods and services tax is chargeable for the other items. |
|
|
