Amendments to Fees
Pursuant to the Trusts (Regulation of Trust Business) Act 2001
| (1) |
Application for a licence under section 11 (6)(d) where the application is in respect of – |
|
| (a) |
a limited trust licence |
$525.00 |
| (b) |
an unlimited trust licence |
$5,250.00 |
| (2) |
Annual fee under section 14(1) – |
|
| (a) |
for a limited trust licence |
$1,050.00 |
| (b) |
for an unlimited trust licence – |
|
| (i) |
where, on December 31st of the year preceding the year in which the fee is due a licensed company employs, or otherwise engages the services of, less than five persons |
$11,550.00 |
| (ii) |
where, on December 31st of the year preceding the year in which the fee is due a licensed company employs, or otherwise engages the services of, five or more persons but less than ten |
$20,213.00 |
| (iii) |
where, on December 31st of the year preceding the year in which the fee is due a licensed company employs, or otherwise engages the services of, ten or more persons |
$34,650.00 |
| Annual fees in respect of (2) are due on or before 30th April 2010 |
