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Status: You are viewing the version of the handbook as on 2009-03-31.

FEES 3 Annex 2 Application and notification fees payable in relation to collective investment schemes

R

Legislative provision

Nature and purpose of fee

Payable by

Amount of fee

Umbrella scheme factor (note 1)

Part 1 Application fees payable for firms to be subject to CIS

Regulation 12 of the OEIC Regulations

On application for an order declaring a scheme to be an ICVC

An applicant

1,200

2

Section 242 of the Act

On application for an order declaring a scheme to be an AUT

An applicant

1,200

2

Section 272 of the Act

On application for an order declaring a scheme to be an individually recognised overseas scheme

An application

14,000

2

Part 2 Application fees payable for firms to be subject to COLL

Regulation 12 of the Act

On application for an order declaring a scheme to be an ICVC, where the scheme is:

An applicant

2

UCITS scheme

1,200

Non-UCITS retail scheme

1,500

Qualified investor scheme

2,400

Section 242 of the Act

On application for an order declaring a scheme to be an AUT, where the scheme is:

An applicant

2

UCITS scheme

1,200

Non-UCITS retail scheme

1,500

Qualified investor scheme

2,400

Section 272 of the Act

On application for an order declaring a scheme to be an individually recognised overseas scheme

An applicant

14,000

2

Section 264 of the Act

On giving notice under section 264 of the Act

The operator

600

2

Section 270 of the Act

On giving notice under section 270 of the Act

The operator

600

2

Part 4 (Alternative Investment Funds: fees payable for making a notification to the FCA to market an AIF)

Notes:

1.

For an umbrella scheme the fee is multiplied by the factor shown in the final column of the table.