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The Capital Markets (Asset Backed Securities) (Amendment) Regulations, 2016
The Uganda Capital Markets Authority issued these 2016 regulations to amend the principal Asset Backed Securities Regulations by inserting a new Schedule III that establishes specific approval fees. The schedule mandates a submission fee of 0.2 percent of the issue value, capped between ten million and five hundred million Ugandan shillings, alongside a fixed four million shilling charge for prospectus re-submissions due to material discrepancies. These amendments, made under section 101 of the Capital Markets Authority Act and effective July 2015, standardize cost structures for asset-backed security issuers while granting the Authority explicit fee assessment powers.
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