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Rule · FSA · 31 Jan 2020

Seychelles Gambling Fees Regulation Rules 2020

licensing

The Financial Services Authority of Seychelles issued these rules to establish standardized application fees for Certificates of Approval under the Seychelles Gambling Act, 2014. The schedule specifies tiered fees based on employment status and nationality, charging SCR 1000 for expatriate key employees, SCR 500 for Seychellois key employees, and corresponding reduced rates of SCR 500 and SCR 250 for other staff. These fee structures take effect on 1 February 2020, directly impacting licensing costs for gambling operators and their workforce.

SeychellesFinancial Services Authority Seychelles

[31st January 2020] Supplement to Official Gazette 47

S.I. 11 of 2020

SEYCHELLES GAMBLING ACT, 2014

(Act 29 of 2014)

Seychelles Gambling (Fees) Rules, 2020

In exercise of the powers conferred by section 57 of the Seychelles Gambling Act, 2014, the Financial Services Authority makes the following Rules —

1. These Rules may be cited as the Seychelles Gambling (Fees) Rules, 2020 and shall come into operation on 1st February 2020.

2. The fee for applying for Certificate of Approval under section 32 of the Act shall be as follows —

12
Key employee management function-
(a) Expatriate workersSCR 1000
(b) Seychellois workersSCR 500
Other employee (employee without management function)-
(a) Expatriate workersSCR 500
(b) Seychellois workersSCR 250

MADE this 31st day of January, 2020.

STEVE FANNY
FINANCIAL SERVICES AUTHORITY

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Source: Financial Services Authority Seychelles — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works

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