Administrative Charges for Processing Off The Floor Transfers

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) Single Account to Joint Account
) Data Entry Errors
) Margin Trading
A flat fee of Rs. 1,000/=
A flat fee of Rs. 1,500/=
A flat fee of Rs. 1,000 or 0.01o/o of value of the portfolio, whichever is higher subject to a maximum limit of Rs. 10,000/= ) Financial Facility -do-

Change of Custodian Ban(Financierflrustee -do-
All Other Categories - such as Gifting, Transfer to a Trust, Termination of a Trust, Re-constitution of
a Company, Re-structuring, De-listing, Mandatory Offers, Voluntary Ofters- 0.05o/o of the value of securities on the preceding date of the application with an exemption for applications below a security valuation of Rs. 2 Million. A maximum limit of Rs. 2.5 Million for corporate clients and Rs. 1 Million for individuals. Example:
Administrative fee
SSCL @ 2.5olo
VAT @ 18o/o
Total amount to be paid
Sincerely,
DIRECTOR GENERAL milb
Office of the Director General
€ Oool qdAOff 6eD 050ta osDE@d tStDD Oodroo! rilomurriooi og)OD ufloi.66otr gs@@d6c0 19th September 2024 Ref: SEC/DG I 2024 I Og I L99 ADMINISTRATIVE CHARGES FOR PROCESSING OFF.THE.FLOOR TRANSFERS With reference to the letter from the Inland Revenue Department (IRD) dated May 08, 2024 pertaining to the Reactivation of Value Added Tax (VAT) Registration, and further correspondence received on 05h August 2024 regarding the liability to collect Social Security Contribution levy (SSCL), we wish to advise that the administrative charges for processing Off-the-Floor Transfers will be subject to 2.5o/o SSCL and 18o/o VAT, with immediate effect, The following charges which are currently applicable will continue together with SSCL and VAT. Please refer to the example given below for more information. Rs. 1,000.00
25.00 (1,000x2.5olo)
1,025.00
184.50 (1,025x18o/o)
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Chinthaka Mendis
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