Financial Services (Limited Partnership Fees) Regulations (Revised 2020)

LAW OF
VIRGIN ISLANDS
Financial Services
(Limited Partnership Fees) Regulations 63 Revision Date: 1 Jan 2020 [Statutory Instrument] FINANCIAL SERVICES (LIMITED PARTNERSHIP FEES) REGULATIONS –
SECTION 62
(S.I. 10/2018)
Commencement
[11 January 2018]
Citation

1. These Regulations may be cited as the Financial Services (Limited Partnership
   Fees) Regulations.
   Fees payable
2. The fees outlined in the Schedule shall be paid for the activities specified therein.

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SCHEDULE
(Regulation 2)
FEES
Provision of
Act
Provision of
Regulations
Nature of Fee Fee ($)
9(1)(a) Registration of a limited partnership 750 10(1) and (2) Filing notice of change in registered particulars— (a) within 14 days of the change notified 50 (b) more than 14 days, but less than 30 days after the date of the change notified 100 (c) more than 30 days, but less than 90 days after the date of the change notified 150 (d) more than 90 days after the date of the change notified 200 12(1) Reservation of a name (for a 90 day period) 50 13(1)(c) Application for consent to use a restricted word, phrase or abbreviation 200 14(1) and (2) 6 (a) Application to register additional foreign character name 50 (b) Registration of additional foreign character name 50 15(1) and (2) 9 (a) Application to change foreign character name 50 (b) Issuance of certificate of change of 50

Financial Services
64 (Limited Partnership Fees) Regulations [Statutory Instrument] Revision Date: 1 Jan 2020 LAW OF VIRGIN ISLANDS Provision of Act Provision of Regulations Nature of Fee Fee ($) foreign character name 10(1) Application to deregister foreign character name 50 10(3) Filing with Registrar notice of amendment of limited partnership agreement 50 11(3) Deregistration by Registrar of foreign character name 50 16(3) Issuance of certificate of change of registered name 50 21(2) Filing of notice of change of registered agent or registered office 50 22(2) Filing notice of change of registered office of limited partnership where registered agent changes location of principal office for— (a) a single filing up to 5 limited partnerships 25 (for each limited partnership) (b) 6 – 10 limited partnerships 250 (c) 11 – 30 limited partnerships 500 (d) 31 – 50 limited partnerships 750 (e) more than 50 limited partnerships 1,000 59(1), (2) and (4) (a) Application for registration of charge 100 (b) Registration of charge and issuance of certificate of the charge 200 60(1), (2) and (3) (a) Application for variation of registered charge 100 (b) Registration of variation of charge and issuance of certificate of variation of the charge 200 61(3) and (5) (a) Filing notice of satisfaction or release of charge 100 (b) Registration of notice of satisfaction or release of charge and issuance of certificate of satisfaction or release 200 67(1) Application by foreign limited partnership to continue under this Act 100 68(1) Registration of foreign limited partnership continuing under this Act and issuance of certificate of continuation 1,000

LAW OF
VIRGIN ISLANDS
Financial Services
(Limited Partnership Fees) Regulations 65 Revision Date: 1 Jan 2020 [Statutory Instrument] Provision of Act Provision of Regulations Nature of Fee Fee ($) 70(6) and (7) (a) Filing notice of limited partnership’s continuance under foreign law 100 (b) Issuance of certificate of discontinuance 1,500 74(1) and (2) Application for registration of surviving or consolidated limited partnership 100 75(1) Registration of surviving or consolidated limited partnership and issuance of certificate of merger or consolidation 2,000 78(2) Filing of documents where surviving or consolidated limited partnership is to be a foreign limited partnership 1,000 83(3) Filing of notice of an arrangement 1,500 85(4) Filing of court order sanctioning scheme of arrangement 2,500 88(1) 13 Filing notice of appointment of liquidator 150 95(1)(d) Striking name of limited partnership off Register on application of limited partnership 100 99(1) Restoration of limited partnership to Register— (a) if application is made 6 months or less of the date the limited partnership was struck from the Register 500 (b) if application is made more than 6 months after the date the limited partnership was struck from the Register 1,500 103(2) Restoration of limited partnership to Register pursuant to an order of the Court 2,500 110(1) Inspection of records on Register of Limited Partnerships relating to a limited partnership or inspection of a document filed in relation to a limited partnership— (a) where the inspection takes place at the Office of the Registrar, whether the inspection is of electronic or paper record 50 (b) in any other case 30 Inspection of Register of Registered Charges in relation to a limited partnership 50 112 Issuance of certificate of good standing 75

Financial Services
66 (Limited Partnership Fees) Regulations [Statutory Instrument] Revision Date: 1 Jan 2020 LAW OF VIRGIN ISLANDS Provision of Act Provision of Regulations Nature of Fee Fee ($) 113 Issuance of certificate confirming information on the Register in relation to a limited partnership or the status of a limited partnership 75 For the registration of any document required or permitted to be registered under this Act for which a charge is not specified above 100 Annual fee payable by a limited partnership which is on the Register on 31 December of any year— (a) if the fee is paid on or before 30 April of the following year 750 (b) if the fee is paid after 30 April of the following year, but on or before 31 July of the following year 850 (c) if the fee is paid after 31 July of the following year, but on or before 31 October of the following year 1,000 (d) if the fee is paid after 31 October of the following year 1,150 __________