Securities (Forms and Fees) (Amendment of Second Schedule) Regulations 2024

Securities Act st [31 December 2024] 704 REPUBLIC OF SEYCHELLES SUPPLEMENT TO OFFICIAL GAZETTE SI S.I. 120 of 2024 SECURITIES ACT Securities (Forms and Fees) (Amendment of Second Schedule) Regulations, 2024 In exercise of the powers conferred by section 133 of the Securities Act, the Minister responsible for Finance on recommendation of the Securities Authority makes the following regulations — Citation

1. These regulations may be cited as the Securities (Forms and Fees)
   (Amendment of Second Schedule) Regulations, 2024. Amendment of Second Schedule

2. The Securities (Forms and Fees) Regulations are hereby amended in
   the Second Schedule — (a) by deleting in the table, items I(a) to I(f) and 2(a) to 2(g) and substituting therefor the new items as follows — TYPES OF FEES AMOUNT IN US $ EXPLANATION (if applicable)
   I. Application Fee:
   (a) Securities Dealer $3,000 (b) Investment Advisor (Company) $2,000 (c) Investment Advisor (Individual) $2,000 (d) Representative $500 (e) Securities Exchange $5,000 (f) Clearing Agency $4,000 (g) Securities Facility $4,000 (h) Exempt Securities Dealer $500

3. Annual Licence Fee:
   (a) Securities Dealer $6,000 (b) Investment Advisor (Company) $5,000 (c) Investment Advisor (Individual) $5,000 (d) Representative $750 (e) Securities Exchange $10,ooo (f) Clearing Agency $8,000 (g) Securities Facility $8,000 (h) Exempt Securities Dealer $1 ,ooo

4. Domain and trade names fees:
   (a) Application fee for each additional domain $500 The fee shall be levied upon reissuance of a new certificate for an additional trade name as the case may be. (b) Application fee for each additional trade name $500

(c) Annual fee

domain for each additional $ I,000 (d) Annual fee trade name for each additional $1, 000 (e) Fee for certificate replacement of $ 375 (b) by inserting after item 8, the following — Securities Act st [31 December 2024] 705 REPUBLIC OF SEYCHELLES SUPPLEMENT TO OFFICIAL GAZETTE SI

10. Fee for change:
    (a) Fee for processing of change under section 124(B)(3) $500 The fee shall exclude representative s of Securities Dealers and Investment Advisors.
11. Change of Name fee:
    (a) Fee for a change of name $ 500 (b) Fee for replacement of certificate $ 375
12. Approval for issuance,
    transfer and disposal of shares:
    (a) Fee for approval for issuance, transfer and disposal of shares $ 500
13. Review of Prospectus fee:
    (a) Fee for review of Prospectus $ 1,500 MADE th this 30 day of December, 2024. NAADIR HASSAN MINISTER OF FINANCE, NATIONAL PLANNING AND TRADE ——————— Securities Act st [31 December 2024] 706 REPUBLIC OF SEYCHELLES SUPPLEMENT TO OFFICIAL GAZETTE SI