SECURITIES AND FUTURES COMMISSION (FEES) RULES
- CHAPTER 24C

SECURITIES AND FUTURES COMMISSION (FEES) RULES - LONG TITLE  
Empowering section (Repealed 5 of 2002 s. 406) VerDate:01/04/2003







SECURITIES AND FUTURES COMMISSION (FEES) RULES - LONG TITLE  
Empowering section VerDate:30/06/1997



(Cap 24, section 54)

[1 April 1992]

(L.N. 82 of 1992)



SECURITIES AND FUTURES COMMISSION (FEES) RULES - SECT 1
(Repealed 5 of 2002 s. 406) VerDate:01/04/2003







SECURITIES AND FUTURES COMMISSION (FEES) RULES - SECT 1
Citation VerDate:30/06/1997



PART I

PRELIMINARY


(1)	These Rules may be cited as the Securities and Futures 
Commission (Fees) Rules.

(2)	(Omitted as spent)
(Enacted 1992)



SECURITIES AND FUTURES COMMISSION (FEES) RULES - SECT 2
(Repealed 5 of 2002 s. 406) VerDate:01/04/2003







SECURITIES AND FUTURES COMMISSION (FEES) RULES - SECT 2
Fees VerDate:30/06/1997



The fees and charges specified in these Rules shall be payable to the 
Commission.
(Enacted 1992)



SECURITIES AND FUTURES COMMISSION (FEES) RULES - SECT 3
(Repealed 5 of 2002 s. 406) VerDate:01/04/2003







SECURITIES AND FUTURES COMMISSION (FEES) RULES - SECT 3
Date for payment of annual fees VerDate:30/06/1997



PART II

APPLICATION FEES, ANNUAL FEES, ETC.

Where an annual fee is specified in Schedule 1-

        (a)	in the case of a registered person, the fee shall be payable on 
or before each successive anniversary of the date of his registration 
under the Securities Ordinance (Cap 333) or the Commodities Trading 
Ordinance (Cap 250), as the case may be;

        (b)	in the case of an exempt dealer or exempt investment adviser, 
the fee shall be payable on or before each successive anniversary of the 
date on which he was declared to be so exempt under the Securities 
Ordinance (Cap 333); 

        (c)	in the case of a mutual fund corporation or unit trust that 
immediately prior to 1 June 1988 was an authorized mutual fund corporation 
or unit trust under the Securities Ordinance (Cap 333), the fee shall be 
payable on or before 1 June each year;

        (d)	in the case of any other mutual fund corporation or unit trust, 
the first annual fee shall be payable on or before the date on which 
authorization under the Securities Ordinance (Cap 333) takes effect and 
subsequent annual fees shall be payable on or before each successive 
anniversary of the date on which the authorization takes effect;

        (e)	in the case of investment arrangements or other matter in 
relation to which authorization under section 4(2)(g) of the Protection of 
Investors Ordinance (Cap 335) was in effect immediately prior to 8 June 
1990 and was not limited to a period of less than 12 months, the fee shall 
be payable on or before 8 June each year;

        (f)	in the case of any other investment arrangements or other 
matter in relation to which authorization under section 4(2)(g) of the 
Protection of Investors Ordinance (Cap 335) is given and is not limited to 
a period of less than 12 months, the first annual fee shall be payable on 
or before the date on which the authorization takes effect, and subsequent 
annual fees shall be payable on or before each successive anniversary of 
the date on which the authorization takes effect.
(Enacted 1992)



SECURITIES AND FUTURES COMMISSION (FEES) RULES - SECT 4
(Repealed 5 of 2002 s. 406) VerDate:01/04/2003







SECURITIES AND FUTURES COMMISSION (FEES) RULES - SECT 4
Non-payment of fees VerDate:30/06/1997




(1)	Where a fee specified in Schedule 1 is payable in respect of an 
application, the Commission may refuse to accept any such application 
which is not accompanied by the fee.

(2)	Subject to section 11, where a fee specified in Schedule 1 is 
payable in respect of an authorization by the Commission, or in respect of 
an extension of any such authorization, the authorization or extension 
shall not take effect until the fee is paid.

(3)	Where a fee specified in Schedule 1 is payable in respect of 
any other matter, the Commission may refuse to deal with the matter until 
the fee is paid.

(4)	Subject to section 11, where an annual fee is specified in 
Schedule 1 in relation to an authorization and the annual fee is not paid, 
the authorization shall not take effect or shall cease to have effect, as 
the case may be, on the day following the last date by which payment is 
required under these Rules.

(5)	 Subject to section 11, where an annual fee is specified in 
Schedule 1 in relation to a registered person or an exempt person and the 
annual fee is not paid, the registration or exemption shall cease to have 
effect on the day following the last date by which payment is required 
under these Rules.
(Enacted 1992)



SECURITIES AND FUTURES COMMISSION (FEES) RULES - SECT 5
(Repealed 5 of 2002 s. 406) VerDate:01/04/2003







SECURITIES AND FUTURES COMMISSION (FEES) RULES - SECT 5
Interpretation (Part III) VerDate:30/06/1997



PART III

FEES RELATING TO TAKEOVERS, MERGERS AND SHARE REPURCHASES

In this Part-
"circular" (通告) means a document required to be filed with the Executive 
in connection with an off-market share repurchase in accordance with the 
Share Repurchase Code;
"the Codes" (守則) means the Share Repurchase Code and the Takeovers Code;
"the Executive" (執行人員) means the Executive Director of the Corporate 
Finance Division of the Commission and any delegate of the Executive 
Director;
"offer document" (要約文件) means a document required to be filed with the 
Executive in connection with an offer in accordance with the Takeovers 
Code or a general offer in accordance with the Share Repurchase Code;
"offeree company" (受要約公司) means a company for which an offer is made in 
accordance with the Takeovers Code;
"the Panel" (委員會) means the committee of the Commission known as the 
Takeovers and Mergers Panel;
"relevant share capital" (有關股本) in relation to a company, means shares of 
any class comprised in its equity share capital and securities which carry 
a right to subscribe to or purchase such shares;
"ruling" (裁定) includes a waiver, consent, confirmation, decision or other 
determination, made under either of the Codes by the Executive, the Panel 
or the Takeovers Appeal Committee;
"the Share Repurchase Code" (股票購回守則) means the Code on Share Repurchases, 
published by the Commission and as amended from time to time;
"the Takeovers Appeal Committee" (收購上訴委員會) means the committee of the 
Commission known as the Takeovers Appeal Committee;
"the Takeovers Code" (收購守則) means the Code on Takeovers and Mergers, 
published by the Commission and as amended from time to time.
(Enacted 1992)
"circular" (通告)
"the Codes" (守則)
"the Executive" (執行人員)
"offer document" (要約文件)
"offeree company" (受要約公司)
"the Panel" (委員會)
"relevant share capital" (有關股本)
"ruling" (裁定)
"the Share Repurchase Code" (股票購回守則)
"the Takeovers Appeal Committee" (收購上訴委員會)
"the Takeovers Code" (收購守則)


SECURITIES AND FUTURES COMMISSION (FEES) RULES - SECT 6
(Repealed 5 of 2002 s. 406) VerDate:01/04/2003







SECURITIES AND FUTURES COMMISSION (FEES) RULES - SECT 6
Fees relating to offer documents and circulars VerDate:30/06/1997




(1)	The filing with the Executive of an offer document or a 
circular shall be accompanied by a fee the amount of which shall be 
determined in accordance with the provisions of this section.

(2)	The amount of the fee payable under subsection (1) shall be the 
amount specified in column 2 of Schedule 2 opposite such value in column 1 
of that Schedule as is equivalent-

        (a)	in the case of an offer document, to the value of the offer 
contained in it or, where the offer document contains alternative offers 
to the same offeree company or 2 or more offers of different values to 
different offeree companies, to the value of the offer which has the lower 
or lowest value; or

        (b)	in the case of a circular, to the value of the offer contained 
in it.

(3)	Where an offer by reference to the value of which a fee has 
been determined in accordance with subsection (2) is replaced by an 
enhanced offer, the filing with the Executive of the enhanced offer shall 
be accompanied by a fee the amount of which shall be the difference 
between-

        (a)	the fee previously paid under subsection (1) on filing of the 
relevant offer document or circular; and

        (b)	the fee that would have been payable under subsection (1) had 
the enhanced offer been included in such offer document or circular.

(4)	(a)	For the purposes of this section, the value of an 
offer contained in an offer document or a circular shall be its value 
insofar only as it relates to the relevant share capital in the offeree 
company in the case of an offer under the Takeovers Code, or in the 
company issuing the offer document or the circular in the case of an offer 
under the Share Repurchase Code, as the case may be.

        (b)	The payment of a fee payable under this section shall be 
accompanied by a statement showing the value of the offer and the manner 
in which the fee is determined having regard to paragraph (a).
(Enacted 1992)



SECURITIES AND FUTURES COMMISSION (FEES) RULES - SECT 6A
(Repealed 5 of 2002 s. 406) VerDate:01/04/2003







SECURITIES AND FUTURES COMMISSION (FEES) RULES - SECT 6A
Fees for applications concerning certain waivers of Rule 26 of the Takeovers Code VerDate:30/06/1997




(1)	An application to the Executive for a ruling, under Note 1 of 
the Notes on dispensations from Rule 26 as set out in the Takeovers Code, 
to waive the requirement under Rule 26 of the Takeovers Code to make a 
general offer shall be accompanied by a fee the amount of which shall be 
determined in accordance with subsection (2).

(2)	The amount of the fee payable under subsection (1) shall be the 
amount specified in column 2 of Schedule 2 opposite such value in column 1 
of that Schedule as is equivalent to the value of the general offer that 
would be required to be made under Rule 26 of the Takeovers Code in the 
absence of a waiver of that requirement.

(3)	(a)	For the purposes of this section, the value of a 
general offer shall be its value insofar only as it relates to the 
relevant share capital in the offeree company.

        (b)	The payment of a fee payable under this section shall be 
accompanied by a statement showing the value of the general offer and the 
manner in which the fee is determined having regard to paragraph (a).
(L.N. 76 of 1993)



SECURITIES AND FUTURES COMMISSION (FEES) RULES - SECT 7
(Repealed 5 of 2002 s. 406) VerDate:01/04/2003







SECURITIES AND FUTURES COMMISSION (FEES) RULES - SECT 7
Fees for references to the Panel VerDate:09/04/1998




Where, pursuant to either of the Codes, a person other than the Executive 
applies to the Panel for a review of any ruling of the Executive-

        (a)	the application for the review shall be accompanied by a fee of 
$50000; and

        (b)	in respect of each day or part of a day in excess of the first 
2 days on which the Panel meets for the purpose of the review, the 
applicant shall, within 30 days of the announcement by the Panel of its 
ruling, pay an additional fee of $20000.
(Enacted 1992. L.N. 430 of 1997; L.N. 471 of 1997; L.N. 166 of 1998; L.N. 
207 of 1998)


SECURITIES AND FUTURES COMMISSION (FEES) RULES - SECT 7
Fees for references to the Panel VerDate:17/10/1997



Where, pursuant to either of the Codes, a person other than the Executive 
applies to the Panel for a review of any ruling of the Executive-

        (a)	the application for the review shall be accompanied by a fee of 
$50000; and

        (b)	in respect of each day or part of a day in excess of the first 
2 days on which the Panel meets for the purpose of the review, the 
applicant shall, within 30 days of the announcement by the Panel of its 
ruling, pay an additional fee of $20000.
(Enacted 1992. L.N. 430 of 1997; L.N. 471 of 1997)



SECURITIES AND FUTURES COMMISSION (FEES) RULES - SECT 7
Fees for references to the Panel VerDate:16/09/1997



Where, pursuant to either of the Codes, a person other than the Executive 
applies to the Panel for a review of any ruling of the Executive- 

        (a)	the application for the review shall be accompanied by a fee of 
$53500; and 

        (b)	in respect of each day or part of a day in excess of the first 
2 days on which the Panel meets for the purpose of the review, the 
applicant shall, within 30 days of the announcement by the Panel of its 
ruling, pay an additional fee of $21500. 
(Enacted 1992. L.N. 430 of 1997) 
 



SECURITIES AND FUTURES COMMISSION (FEES) RULES - SECT 7
Fees for references to the Panel VerDate:30/06/1997




Where, pursuant to either of the Codes, a person other than the Executive 
applies to the Panel for a review of any ruling of the Executive - 

        (a)	the application for the review shall be accompanied by a fee of 
$50000; and 

        (b)	in respect of each day or part of a day in excess of the first 
2 days on which the Panel meets for the purpose of the review, the 
applicant shall, within 30 days of the announcement by the Panel of its 
ruling, pay an additional fee of $20000. 
(Enacted 1992) 
 


SECURITIES AND FUTURES COMMISSION (FEES) RULES - SECT 8
(Repealed 5 of 2002 s. 406) VerDate:01/04/2003







SECURITIES AND FUTURES COMMISSION (FEES) RULES - SECT 8
Fees for hearings concerning compliance with the Codes or any rulings under them VerDate:09/04/1998





(1)	Where, pursuant to either of the Codes, a hearing takes place 
before the Panel to consider an allegation of breach of either of the 
Codes or of a ruling made under either of the Codes, a fee, the amount of 
which shall be determined in accordance with subsection (2), shall, within 
30 days of the announcement by the Panel of its ruling, be payable by any 
person who in the opinion of the Panel-

        (a)	has caused unnecessary expense to be incurred in connection 
with the investigation of the allegation or the conduct of the hearing; or

        (b)	has committed a breach of either of the Codes or of a ruling 
made under either of the Codes.

(2)	The fee payable under subsection (1) shall be $50000 and, in 
addition, $20000 in respect of each day or part of a day in excess of the 
first 2 days on which the Panel meets for the purpose of considering the 
relevant allegation.  (L.N. 430 of 1997; L.N. 471 of 1997; L.N. 166 of 
1998; L.N. 207 of 1998)
(Enacted 1992)


SECURITIES AND FUTURES COMMISSION (FEES) RULES - SECT 8
Fees for hearings concerning compliance with the Codes or any rulings under them VerDate:17/10/1997




(1)	Where, pursuant to either of the Codes, a hearing takes place 
before the Panel to consider an allegation of breach of either of the 
Codes or of a ruling made under either of the Codes, a fee, the amount of 
which shall be determined in accordance with subsection (2), shall, within 
30 days of the announcement by the Panel of its ruling, be payable by any 
person who in the opinion of the Panel-

        (a)	has caused unnecessary expense to be incurred in connection 
with the investigation of the allegation or the conduct of the hearing; or

        (b)	has committed a breach of either of the Codes or of a ruling 
made under either of the Codes.

(2)	The fee payable under subsection (1) shall be $50000 and, in 
addition, $20000 in respect of each day or part of a day in excess of the 
first 2 days on which the Panel meets for the purpose of considering the 
relevant allegation.  (L.N. 430 of 1997; L.N. 471 of 1997)
(Enacted 1992)



SECURITIES AND FUTURES COMMISSION (FEES) RULES - SECT 8
Fees for hearings concerning compliance with the Codes or any rulings under them VerDate:16/09/1997




(1)	Where, pursuant to either of the Codes, a hearing takes place 
before the Panel to consider an allegation of breach of either of the 
Codes or of a ruling made under either of the Codes, a fee, the amount of 
which shall be determined in accordance with subsection (2), shall, within 
30 days of the announcement by the Panel of its ruling, be payable by any 
person who in the opinion of the Panel- 

        (a)	has caused unnecessary expense to be incurred in connection 
with the investigation of the allegation or the conduct of the hearing; or 

        (b)	has committed a breach of either of the Codes or of a ruling 
made under either of the Codes. 

(2)	The fee payable under subsection (1) shall be $53500 and, in 
addition, $21500 in respect of each day or part of a day in excess of the 
first 2 days on which the Panel meets for the purpose of considering the 
relevant allegation.  (L.N. 430 of 1997)
(Enacted 1992) 




SECURITIES AND FUTURES COMMISSION (FEES) RULES - SECT 8
Fees for hearings concerning compliance with the Codes or any rulings under them VerDate:30/06/1997





(1)	Where, pursuant to either of the Codes, a hearing takes place 
before the Panel to consider an allegation of breach of either of the 
Codes or of a ruling made under either of the Codes, a fee, the amount of 
which shall be determined in accordance with subsection (2), shall, within 
30 days of the announcement by the Panel of its ruling, be payable by any 
person who in the opinion of the Panel - 

        (a)	has caused unnecessary expense to be incurred in connection 
with the investigation of the allegation or the conduct of the hearing; or 

        (b)	has committed a breach of either of the Codes or of a ruling 
made under either of the Codes. 

(2)  The fee payable under subsection (1) shall be $50000 and, in 
addition, $20000 in respect of each day or part of a day in excess of the 
first 2 days on which the Panel meets for the purpose of considering the 
relevant allegation. 
(Enacted 1992) 
 


SECURITIES AND FUTURES COMMISSION (FEES) RULES - SECT 9
(Repealed 5 of 2002 s. 406) VerDate:01/04/2003







SECURITIES AND FUTURES COMMISSION (FEES) RULES - SECT 9
Fees for miscellaneous applications VerDate:09/04/1998




An application to the Executive for any ruling under either of the Codes 
and for which no fee is otherwise provided by these Rules shall be 
accompanied by a fee of $24000.
(L.N. 76 of 1993; L.N. 173 of 1994; L.N. 430 of 1997; L.N. 471 of 1997; 
L.N. 166 of 1998; L.N. 207 of 1998)


SECURITIES AND FUTURES COMMISSION (FEES) RULES - SECT 9
Fees for miscellaneous applications VerDate:17/10/1997



An application to the Executive for any ruling under either of the Codes 
and for which no fee is otherwise provided by these Rules shall be 
accompanied by a fee of $24000.
(L.N. 76 of 1993; L.N. 173 of 1994; L.N. 430 of 1997; L.N. 471 of 1997)



SECURITIES AND FUTURES COMMISSION (FEES) RULES - SECT 9
Fees for miscellaneous applications VerDate:16/09/1997




An application to the Executive for any ruling under either of the Codes 
and for which no fee is otherwise provided by these Rules shall be 
accompanied by a fee of $30000. 
(L.N. 76 of 1993; L.N. 173 of 1994; L.N. 430 of 1997) 
 


SECURITIES AND FUTURES COMMISSION (FEES) RULES - SECT 9
Fees for miscellaneous applications VerDate:30/06/1997




An application to the Executive for any ruling under either of the Codes 
and for which no fee is otherwise provided by these Rules shall be 
accompanied by a fee of $24000. 
(L.N. 76 of 1993; L.N. 173 of 1994) 
 


SECURITIES AND FUTURES COMMISSION (FEES) RULES - SECT 10
(Repealed 5 of 2002 s. 406) VerDate:01/04/2003







SECURITIES AND FUTURES COMMISSION (FEES) RULES - SECT 10
Non-payment of fees VerDate:30/06/1997




(1)	Subject to section 11, where a fee is required by this Part to 
accompany an application or the filing of a document, the application or 
the filing shall not be entertained until the fee is paid.

(2)	Where any fee, other than the fee referred to in subsection 

(1), is not paid in accordance with this Part, it may be recovered by the 
Commission as a debt due from the person by whom the fee is payable.
(Enacted 1992)



SECURITIES AND FUTURES COMMISSION (FEES) RULES - SECT 11
(Repealed 5 of 2002 s. 406) VerDate:01/04/2003







SECURITIES AND FUTURES COMMISSION (FEES) RULES - SECT 11
Waiver of fees VerDate:30/06/1997



PART IV

MISCELLANEOUS

The Commission may waive or refund, in whole or in part, the payment of 
any fee prescribed by these Rules if in any particular case it is of the 
opinion that the fee would otherwise be unduly burdensome or inappropriate 
in the circumstances of that case.
(Enacted 1992)



SECURITIES AND FUTURES COMMISSION (FEES) RULES - SECT 12
(Repealed 5 of 2002 s. 406) VerDate:01/04/2003







SECURITIES AND FUTURES COMMISSION (FEES) RULES - SECT 12
Transitional VerDate:30/06/1997



Notwithstanding the repeal of the Securities and Futures Commission 
(Corporate Finance Fees) Rules (Cap 24 sub. leg.) under section 13(2) and 
without prejudice to the provisions of section 23 of the Interpretation 
and General Clauses Ordinance (Cap 1), any fee which may be recovered by 
the Commission under rule 8(3) of those Rules immediately before the 
coming into operation of these Rules may continue to be so recovered by 
the Commission as if those Rules had not been repealed.
(Enacted 1992)
 



SECURITIES AND FUTURES COMMISSION (FEES) RULES - SECT 13
(Repealed 5 of 2002 s. 406) VerDate:01/04/2003







SECURITIES AND FUTURES COMMISSION (FEES) RULES - SECT 13
Repeal VerDate:30/06/1997




(1)	(Omitted as spent)

(2)	The Securities and Futures Commission (Corporate Finance Fees) 
Rules (Cap 24 sub. leg.) are repealed.



SECURITIES AND FUTURES COMMISSION (FEES) RULES - SCHEDULE 1
(Repealed 5 of 2002 s. 406) VerDate:01/04/2003







SECURITIES AND FUTURES COMMISSION (FEES) RULES - SCHEDULE 1
APPLICATION FEES, ANNUAL FEES, ETC. VerDate:12/06/2000



[sections 3 & 4]

Item	Description	Fee
		$
		Registration and registered persons
		
1.	Fee payable on application under the Securities Ordinance (Cap 333) for 
registration as-	
	(a) a dealer (including a dealing partnership)	4900
	(b) a dealer's representative	1850
	(c) an investment adviser (including an investment advisers' partnership)	4900
	(d) an investment representative (other than one referred to in paragraph 

        (e))  (L.N. 141 of 1999)	1850
	(e) an investment representative (for advising on securities incidental to 
the marketing of mandatory provident fund schemes only)  (L.N. 141 of 1999)	400
	(f) a securities margin financier  (L.N. 87 of 2000)	4900
	(g) a securities margin financier's representative  (L.N. 87 of 2000)	1850
2.	Fee payable on application under the Commodities Trading Ordinance (Cap 
250) for registration as-	
	(a) a dealer	4900
	(b) a dealer's representative	1850
	(c) a commodity trading adviser	4900
	(d) a commodity trading adviser's representative	1850
3.	Annual fee payable by a person registered under the Securities Ordinance 
(Cap 333) as-	
	(a) a dealer (including a dealing partnership)	4900
	(b) a dealer's representative	1850
	(c) an investment adviser (including an investment advisers' partnership)	4900
	(d) an investment representative	1850
	(e) a securities margin financier  (L.N. 87 of 2000)	4900
	(f) a securities margin financier's representative  (L.N. 87 of 2000)	1850
4.	Annual fee payable by a person registered under the Commodities Trading 
Ordinance (Cap 250) as-	
	(a) a dealer	4900
	(b) a dealer's representative	1850
	(c) a commodity trading adviser	4900
	(d) a commodity trading adviser's representative	1850
		
		Exempt persons
		
5.	Fee payable on application under the Securities Ordinance (Cap 333) to 
be declared as-	
	(a) an exempt dealer	23500
	(b) an exempt investment adviser	7000
6.	Annual fee payable by a person declared under the Securities Ordinance 
(Cap 333) to be-	
	(a) an exempt dealer	14000
	(b) an exempt investment adviser	7000
		
		Mutual fund corporations and unit trusts
		
7.	Fee payable on application under the Securities Ordinance (Cap 333) for-	
	(a) authorization of a mutual fund corporation that maintains, or is 
capable of  maintaining, more than one fund	$40000 plus $5000 for each fund in 
respect of which authorization is sought
	(b) authorization of a unit trust within which there is, or could be, more 
than one fund	$40000 plus $5000 for each fund in respect of which authorization 
is sought
	(c) authorization of any other mutual fund corporation or unit trust	20000
	(d) extension of authorization of a mutual fund corporation or unit trust 
to cover an additional fund	5000
8.	Fee payable in respect of-	
	(a) authorization under the Securities Ordinance (Cap 333) of a mutual 
fund corporation that maintains, or is capable of maintaining, more than 
one fund	$20000 plus $2500 in respect of each fund to which authorization 
extends
	(b) authorization under the Securities Ordinance (Cap 333) of a unit trust 
within which there is, or could be, more than one fund	$20000 plus $2500 in 
respect of each fund to which authorization extends
	(c) authorization under the Securities Ordinance (Cap 333) of any other 
mutual fund corporation or unit trust	10000
	(d) extension of authorization under the Securities Ordinance (Cap 333) of 
a mutual fund corporation or unit trust to cover an additional fund	2500
9.	Annual fee payable in relation to authorization under the Securities 
Ordinance (Cap 333)-	
	(a) in the case of an authorized mutual fund corporation that maintains, 
or is capable of maintaining, more than one fund	$7500 plus $4500 in respect of 
each fund
	(b) in the case of an authorized unit trust within which there is, or 
could be, more than one fund	$7500 plus $4500 in respect of each fund
	(c) in the case of any other authorized mutual fund corporation or unit 
trust
		6000
		Authorization of advertisements etc.
		
10.	Fee payable on application under section 4(2)(g) of the Protection of 
Investors Ordinance (Cap 335) for authorization of an advertisement, 
invitation or document relating to any investment arrangements or other 
matter, which has not previously been authorized for the purposes of that 
section or for which such authorization no longer exists ("a new scheme")-	
	(a) other than in the case of an immigration-linked investment scheme as 
provided for in the Code on Immigration-Linked Investment Schemes Intended 
to be Advertised or Offered to the Public, published by the Commission the 
Public, published by the Commission and as amended from time to time	20000
	(b) in the case of an immigration-linked investment scheme as provided for 
in the Code referred to in paragraph (a)	30000
11.	Fee payable in respect of authorization, under section 4(2)(g) of the 
Protection of Investors Ordinance (Cap 335), of an advertisement, 
invitation or document relating to a new scheme referred to in-	
	(a) item 10(a)	10000
	(b) item 10(b)	20000
12.	Where authorization under section 4(2)(g) of the Protection of 
Investors Ordinance (Cap 335) is not limited to a period of less than 12 
months, fee payable annually unless the authorization relates to any of 
the following-	6000
	(a) instruments specified in Part II of the Schedule to the Protection of 
Investors Ordinance (Cap 335)	
	(b) certificates of deposit, as defined in section 2 of the Inland Revenue 
Ordinance (Cap 112) (49 of 1995 s. 3)	
	(c) securities, as defined in the Securities Ordinance (Cap 333)	
13.	Fee payable on application to modify authorization previously given 
under section 4(2)(g) of the Protection of Investors Ordinance (Cap 335) 
in relation to any of the following-	3000
	(a) instruments specified in Part II of the Schedule to the Protection of 
Investors Ordinance (Cap 335)	
	(b) certificates of deposit, as defined in section 2 of the Inland Revenue 
Ordinance (Cap 112)  (49 of 1995 s. 3)	
	(c) securities, as defined in the Securities Ordinance (Cap 333)	
14.	Where authorization of an advertisement, invitation or document 
relating to any investment arrangements or other matter is given under 
section 4(2)(g) of the Protection of Investors Ordinance (Cap 335) and is 
limited to a period of less than 12 months, fee payable on application for 
extension of the period of authorization-	
	(a) other than in the case of an immigration-linked investment scheme as 
provided for in the Code on Immigration-Linked Investment Schemes Intended 
to be Advertised or Offered to the Public, published by the Commission and 
as amended from time to time	10000
	(b) in the case of an immigration-linked investment scheme as provided for 
in the Code referred to in paragraph (a)	20000
		
		
		(L.N. 76 of 1993)
15.	Where authorization is sought under section 4(2)(g) of the Protection 
of Investors Ordinance (Cap 335) for any advertisement, invitation or 
document, and any fee otherwise payable under item 10 or 11 is waived 
under section 11-	
	(a) fee payable on application	1200
	(b) fee payable in respect of authorization	600
16.	Fee payable where documentation is submitted to the Commission 
requiring its consideration and advice on the application of the 
Protection of Investors Ordinance (Cap 335) and on the authorization for 
registration of a prospectus under section 38D or 342C of the Companies 
Ordinance (Cap 32)	10000
		
		
		
		
		
		(L.N. 173 of 1994)
		Miscellaneous fees
		
17.	(Repealed L.N. 87 of 2000)	
18.	Fee payable for a duplicate of a certificate of registration under the 
Securities Ordinance (Cap 333) or the Commodities Trading Ordinance (Cap 
250)	200
19.	Fee payable for certification of a copy of a document as a true copy	200
20.	Fee payable for copy of any document for which no fee is otherwise 
specified in this Schedule	$9 per page
21.	Fee payable on application for the amendment of a certificate of 
registration	200
22.	Fee payable on application under the Securities Ordinance (Cap 333)-	
	(a) for permission under section 87A(2) for a dealer to alter his 
financial year	2000
	(b) for an extension of time for lodging documents under section 88(2)	2000
	(c) for allowing a registered financier to vary the date on which its 
financial year ends under section 121AH(2)  (L.N. 87 of 2000)	2000
	(d) for an extension of time for lodging documents under section 121AI(2)  
(L.N. 87 of 2000)	2000
23.	Fee payable on an application under section 50(2) of the Commodities 
Trading Ordinance (Cap 250) for an extension of time for lodging documents	2000
24	Fee payable on an application-	
	(a) for a direction under section 29(1) of the Securities and Futures 
Commission Ordinance (Cap 24) altering the requirements of the Financial 
Resources Rules (Cap 24 sub. leg.), except where the direction relates to 
making allowance for hedging or arbitrage programmes	6500
	(b) for renewal of a direction under paragraph (a)	4500
	(c) for a direction under section 29(1) of the Securities and Futures 
Commission Ordinance (Cap 24) altering the requirements of the Financial 
Resources Rules (Cap 24 sub. leg.) where allowances are made for hedging 
or arbitrage programmes-	
	(i) where at least one side of the portfolio is lower than $10 million in 
value 	10000
	(ii) in any other case	20000
		(L.N. 173 of 1994)
25.	(Repealed 12 of 2000 s. 23)	
26.	Fee payable on application under section 55A of the Securities and 
Futures Commission Ordinance (Cap 24)-	
	(a)-(b) (Repealed L.N. 173 of 1994)	
	(c) for a waiver or modification of the requirements of section 81(2) of 
the Securities Ordinance (Cap 333)  (L.N. 87 of 2000)	6500
	(ca) for a waiver or modification of the requirements of section 81(4) of 
the Securities Ordinance (Cap 333)  (L.N. 87 of 2000)	6500
	(cb) for a waiver or modification of the requirements of section 81A(2) of 
the Securities Ordinance (Cap 333)  (L.N. 87 of 2000)	6500
	(cc) for a waiver or modification of the requirements of section 81A(4) of 
the Securities Ordinance (Cap 333)  (L.N. 87 of 2000)	6500
	(d) for renewal of a waiver or modification referred to in paragraph (c), 

        (ca), (cb) or (cc)  (L.N. 87 of 2000)	4500
	(da) for a waiver or modification of the requirements of section 84 of the 
Securities Ordinance (Cap 333)  (L.N. 76 of  1993)	4500
	(db) for a waiver or modification of the requirements of section 46 of the 
Commodities Trading Ordinance (Cap 250)  (L.N. 76 of 1993)	4500
	(e) for a waiver or modification of the requirements of any other 
provision specified in section 55A(1) of the Securities and Futures 
Commission Ordinance (Cap 24)	2000
27.	Fee payable on application, for the purposes of the Financial Resources 
Rules (Cap 24 sub. leg.)-	
	(a) to approve the exclusion of a subordinated loan from computations of 
net tangible assets, ranking liabilities, or adjusted liabilities	7500
	(b) to approve the exclusion of redeemable shares from computations of net 
tangible assets, ranking liabilities, or adjusted liabilities	7500
	(ba) (Repealed L.N. 471 of 1997)	
	(c) to approve the repayment of a subordinated loan which has been 
excluded from computations of net tangible assets, ranking liabilities, or 
adjusted liabilities	6500
	(d) to approve the redemption of redeemable shares which have been 
excluded from computations of net tangible assets, ranking liabilities, or 
adjusted liabilities	6500
	(e) for a dealer registered under the Securities Ordinance (Cap 333) or 
the Commodities Trading Ordinance (Cap 250) to be treated as a securities 
introducing broker or a futures introducing broker	4900
		
		
		
		
		(L.N. 173 of 1994)
27A.	(Repealed L.N. 173 of 1994)	
28.	Fees payable on an application for authorization for registration of a 
prospectus under the Companies Ordinance (Cap 32)-	
	(a) rights issue prospectus	15000
	(b) Eurobond issue prospectus	15000
	(c) warrant issue prospectus	10000
	(d) prospectus relating to the shares or debentures of a company, the 
acquisition of which would confer upon a person acquiring such shares or 
debentures, similar immigration benefits to those which would be acquired 
by a person investing in an immigration-linked investment scheme of the 
type referred to in item 10(a)	50000
	(e) prospectus of the type referred to in paragraph (d) which has 
previously been authorized	20000
	(f) mutual fund prospectus	Nil
	(g) any prospectus, not referred to in paragraphs (a) to (f), offering to 
the public for subscription or purchase for cash or other consideration, 
or calculated to invite offers by the public to subscribe for or purchase 
for cash or other consideration, any shares or debentures of a company 
that have been approved by the Stock Exchange Company for listing on the 
Unified Exchange	30000
	(h) any other prospectus	30000
		(L.N. 16 of 1993)
29.	Fee payable on application under section 2A of the Securities 
(Disclosure of Interests) Ordinance (Cap 396) for exemption from all or 
any of the provisions of that Ordinance  (L.N. 76 of 1993)	24000
30.	(Repealed L.N. 471 of 1997)	
31.	Fee payable on application under section 121BE of the Securities 
Ordinance (Cap 333)-	
	(a) for a waiver or modification of the requirements of section 121AB	6500
	(b) for renewal of a waiver or modification referred to in paragraph (a)	4500
	(c) for a waiver or modification of any or all of the requirements of 
section 121AJ, 121AK, 121AM or 121AP	4500
	(d) for a waiver or modification of the requirements of any other 
provision prescribed in section 121BE	6500
		
		
(L.N. 87 of 2000)
(L.N. 76 of 1993; L.N. 173 of 1994; L.N. 430 of 1997; L.N. 471 of 1997; 
L.N. 166 of 1998; L.N. 207 of 1998)



SECURITIES AND FUTURES COMMISSION (FEES) RULES - SCHEDULE 1
APPLICATION FEES, ANNUAL FEES, ETC. VerDate:06/03/2000




[sections 3 & 4]

Item	Description	Fee
		$
		Registration and registered persons
		
1.	Fee payable on application under the Securities Ordinance (Cap 333) for 
registration as-	
	(a) a dealer (including a dealing partnership)	4900
	(b) a dealer's representative	1850
	(c) an investment adviser (including an investment advisers' partnership)	4900
	(d) an investment representative (other than one referred to in paragraph 

        (e))  (L.N. 141 of 1999)	1850
	(e) an investment representative (for advising on securities incidental to 
the marketing of mandatory provident fund schemes only)  (L.N. 141 of 1999)	400
2.	Fee payable on application under the Commodities Trading Ordinance (Cap 
250) for registration as-	
	(a) a dealer	4900
	(b) a dealer's representative	1850
	(c) a commodity trading adviser	4900
	(d) a commodity trading adviser's representative	1850
3.	Annual fee payable by a person registered under the Securities Ordinance 
(Cap 333) as-	
	(a) a dealer (including a dealing partnership)	4900
	(b) a dealer's representative	1850
	(c) an investment adviser (including an investment advisers' partnership)	4900
	(d) an investment representative	1850
4.	Annual fee payable by a person registered under the Commodities Trading 
Ordinance (Cap 250) as-	
	(a) a dealer	4900
	(b) a dealer's representative	1850
	(c) a commodity trading adviser	4900
	(d) a commodity trading adviser's representative	1850
		
		Exempt persons
		
5.	Fee payable on application under the Securities Ordinance (Cap 333) to 
be declared as-	
	(a) an exempt dealer	23500
	(b) an exempt investment adviser	7000
6.	Annual fee payable by a person declared under the Securities Ordinance 
(Cap 333) to be-	
	(a) an exempt dealer	14000
	(b) an exempt investment adviser	7000
		
		Mutual fund corporations and unit trusts
		
7.	Fee payable on application under the Securities Ordinance (Cap 333) for-	
	(a) authorization of a mutual fund corporation that maintains, or is 
capable of  maintaining, more than one fund	$40000 plus $5000 for each fund in 
respect of which authorization is sought
	(b) authorization of a unit trust within which there is, or could be, more 
than one fund	$40000 plus $5000 for each fund in respect of which authorization 
is sought
	(c) authorization of any other mutual fund corporation or unit trust	20000
	(d) extension of authorization of a mutual fund corporation or unit trust 
to cover an additional fund	5000
8.	Fee payable in respect of-	
	(a) authorization under the Securities Ordinance (Cap 333) of a mutual 
fund corporation that maintains, or is capable of maintaining, more than 
one fund	$20000 plus $2500 in respect of each fund to which authorization 
extends
	(b) authorization under the Securities Ordinance (Cap 333) of a unit trust 
within which there is, or could be, more than one fund	$20000 plus $2500 in 
respect of each fund to which authorization extends
	(c) authorization under the Securities Ordinance (Cap 333) of any other 
mutual fund corporation or unit trust	10000
	(d) extension of authorization under the Securities Ordinance (Cap 333) of 
a mutual fund corporation or unit trust to cover an additional fund	2500
9.	Annual fee payable in relation to authorization under the Securities 
Ordinance (Cap 333)-	
	(a) in the case of an authorized mutual fund corporation that maintains, 
or is capable of maintaining, more than one fund	$7500 plus $4500 in respect of 
each fund
	(b) in the case of an authorized unit trust within which there is, or 
could be, more than one fund	$7500 plus $4500 in respect of each fund
	(c) in the case of any other authorized mutual fund corporation or unit 
trust
		6000
		Authorization of advertisements etc.
		
10.	Fee payable on application under section 4(2)(g) of the Protection of 
Investors Ordinance (Cap 335) for authorization of an advertisement, 
invitation or document relating to any investment arrangements or other 
matter, which has not previously been authorized for the purposes of that 
section or for which such authorization no longer exists ("a new scheme")-	
	(a) other than in the case of an immigration-linked investment scheme as 
provided for in the Code on Immigration-Linked Investment Schemes Intended 
to be Advertised or Offered to the Public, published by the Commission the 
Public, published by the Commission and as amended from time to time	20000
	(b) in the case of an immigration-linked investment scheme as provided for 
in the Code referred to in paragraph (a)	30000
11.	Fee payable in respect of authorization, under section 4(2)(g) of the 
Protection of Investors Ordinance (Cap 335), of an advertisement, 
invitation or document relating to a new scheme referred to in-	
	(a) item 10(a)	10000
	(b) item 10(b)	20000
12.	Where authorization under section 4(2)(g) of the Protection of 
Investors Ordinance (Cap 335) is not limited to a period of less than 12 
months, fee payable annually unless the authorization relates to any of 
the following-	6000
	(a) instruments specified in Part II of the Schedule to the Protection of 
Investors Ordinance (Cap 335)	
	(b) certificates of deposit, as defined in section 2 of the Inland Revenue 
Ordinance (Cap 112) (49 of 1995 s. 3)	
	(c) securities, as defined in the Securities Ordinance (Cap 333)	
13.	Fee payable on application to modify authorization previously given 
under section 4(2)(g) of the Protection of Investors Ordinance (Cap 335) 
in relation to any of the following-	3000
	(a) instruments specified in Part II of the Schedule to the Protection of 
Investors Ordinance (Cap 335)	
	(b) certificates of deposit, as defined in section 2 of the Inland Revenue 
Ordinance (Cap 112)  (49 of 1995 s. 3)	
	(c) securities, as defined in the Securities Ordinance (Cap 333)	
14.	Where authorization of an advertisement, invitation or document 
relating to any investment arrangements or other matter is given under 
section 4(2)(g) of the Protection of Investors Ordinance (Cap 335) and is 
limited to a period of less than 12 months, fee payable on application for 
extension of the period of authorization-	
	(a) other than in the case of an immigration-linked investment scheme as 
provided for in the Code on Immigration-Linked Investment Schemes Intended 
to be Advertised or Offered to the Public, published by the Commission and 
as amended from time to time	10000
	(b) in the case of an immigration-linked investment scheme as provided for 
in the Code referred to in paragraph (a)	20000
		
		
		(L.N. 76 of 1993)
15.	Where authorization is sought under section 4(2)(g) of the Protection 
of Investors Ordinance (Cap 335) for any advertisement, invitation or 
document, and any fee otherwise payable under item 10 or 11 is waived 
under section 11-	
	(a) fee payable on application	1200
	(b) fee payable in respect of authorization	600
16.	Fee payable where documentation is submitted to the Commission 
requiring its consideration and advice on the application of the 
Protection of Investors Ordinance (Cap 335) and on the authorization for 
registration of a prospectus under section 38D or 342C of the Companies 
Ordinance (Cap 32)	10000
		
		
		
		
		
		(L.N. 173 of 1994)
		Miscellaneous fees
		
17.	Fee payable for each inspection of a register that is kept by the 
Commission	50
18.	Fee payable for a duplicate of a certificate of registration under the 
Securities Ordinance (Cap 333) or the Commodities Trading Ordinance (Cap 
250)	200
19.	Fee payable for certification of a copy of a document as a true copy	200
20.	Fee payable for copy of any document for which no fee is otherwise 
specified in this Schedule	$9 per page
21.	Fee payable on application for the amendment of a certificate of 
registration	200
22.	Fee payable on application under the Securities Ordinance (Cap 333)-	
	(a) for permission under section 87A(2) for a dealer to alter his 
financial year	2000
	(b) for an extension of time for lodging documents under section 88(2)	2000
23.	Fee payable on an application under section 50(2) of the Commodities 
Trading Ordinance (Cap 250) for an extension of time for lodging documents	2000
24	Fee payable on an application-	
	(a) for a direction under section 29(1) of the Securities and Futures 
Commission Ordinance (Cap 24) altering the requirements of the Financial 
Resources Rules (Cap 24 sub. leg.), except where the direction relates to 
making allowance for hedging or arbitrage programmes	6500
	(b) for renewal of a direction under paragraph (a)	4500
	(c) for a direction under section 29(1) of the Securities and Futures 
Commission Ordinance (Cap 24) altering the requirements of the Financial 
Resources Rules (Cap 24 sub. leg.) where allowances are made for hedging 
or arbitrage programmes-	
	(i) where at least one side of the portfolio is lower than $10 million in 
value 	10000
	(ii) in any other case	20000
		(L.N. 173 of 1994)
25.	(Repealed 12 of 2000 s. 23)	
26.	Fee payable on application under section 55A of the Securities and 
Futures Commission Ordinance (Cap 24)-	
	(a)-(b) (Repealed L.N. 173 of 1994)	
	(c) for a waiver or modification of the requirements of section 81(1) of 
the Securities Ordinance (Cap 333)	6500
	(d) for renewal of a waiver or modification referred to in paragraph (c)	4500
	(da) for a waiver or modification of the requirements of section 84 of the 
Securities Ordinance (Cap 333)  (L.N. 76 of  1993)	4500
	(db) for a waiver or modification of the requirements of section 46 of the 
Commodities Trading Ordinance (Cap 250)  (L.N. 76 of 1993)	4500
	(e) for a waiver or modification of the requirements of any other 
provision specified in section 55A(1) of the Securities and Futures 
Commission Ordinance (Cap 24)	2000
27.	Fee payable on application, for the purposes of the Financial Resources 
Rules (Cap 24 sub. leg.)-	
	(a) to approve the exclusion of a subordinated loan from computations of 
net tangible assets, ranking liabilities, or adjusted liabilities	7500
	(b) to approve the exclusion of redeemable shares from computations of net 
tangible assets, ranking liabilities, or adjusted liabilities	7500
	(ba) (Repealed L.N. 471 of 1997)	
	(c) to approve the repayment of a subordinated loan which has been 
excluded from computations of net tangible assets, ranking liabilities, or 
adjusted liabilities	6500
	(d) to approve the redemption of redeemable shares which have been 
excluded from computations of net tangible assets, ranking liabilities, or 
adjusted liabilities	6500
	(e) for a dealer registered under the Securities Ordinance (Cap 333) or 
the Commodities Trading Ordinance (Cap 250) to be treated as a securities 
introducing broker or a futures introducing broker	4900
		
		
		
		(L.N. 173 of 1994)
27A.	(Repealed L.N. 173 of 1994)	
28.	Fees payable on an application for authorization for registration of a 
prospectus under the Companies Ordinance (Cap 32)-	
	(a) rights issue prospectus	15000
	(b) Eurobond issue prospectus	15000
	(c) warrant issue prospectus	10000
	(d) prospectus relating to the shares or debentures of a company, the 
acquisition of which would confer upon a person acquiring such shares or 
debentures, similar immigration benefits to those which would be acquired 
by a person investing in an immigration-linked investment scheme of the 
type referred to in item 10(a)	50000
	(e) prospectus of the type referred to in paragraph (d) which has 
previously been authorized	20000
	(f) mutual fund prospectus	Nil
	(g) any prospectus, not referred to in paragraphs (a) to (f), offering to 
the public for subscription or purchase for cash or other consideration, 
or calculated to invite offers by the public to subscribe for or purchase 
for cash or other consideration, any shares or debentures of a company 
that have been approved by  the Stock  Exchange Company for listing on the 
Unified Exchange	30000
	(h) any other prospectus	30000
		(L.N. 16 of 1993)
29.	Fee payable on application under section 2A of the Securities 
(Disclosure of Interests) Ordinance (Cap 396) for exemption from all or 
any of the provisions of that Ordinance  (L.N. 76 of 1993)	24000
30.	(Repealed L.N. 471 of 1997)	
(L.N. 76 of 1993; L.N. 173 of 1994; L.N. 430 of 1997; L.N. 471 of 1997; 
L.N. 166 of 1998; L.N. 207 of 1998)


SECURITIES AND FUTURES COMMISSION (FEES) RULES - SCHEDULE 1
APPLICATION FEES, ANNUAL FEES, ETC. VerDate:03/08/1999




[sections 3 & 4]

Item	Description	Fee
		$
		Registration and registered persons
		
1.	Fee payable on application under the Securities Ordinance (Cap 333) for 
registration as-	
	(a) a dealer (including a dealing partnership)	4900
	(b) a dealer's representative	1850
	(c) an investment adviser (including an investment advisers' partnership)	4900
	(d) an investment representative (other than one referred to in paragraph 

        (e))  (L.N. 141 of 1999)	1850
	(e) an investment representative (for advising on securities incidental to 
the marketing of mandatory provident fund schemes only)  (L.N. 141 of 1999)	400
2.	Fee payable on application under the Commodities Trading Ordinance (Cap 
250) for registration as-	
	(a) a dealer	4900
	(b) a dealer's representative	1850
	(c) a commodity trading adviser	4900
	(d) a commodity trading adviser's representative	1850
3.	Annual fee payable by a person registered under the Securities Ordinance 
(Cap 333) as-	
	(a) a dealer (including a dealing partnership)	4900
	(b) a dealer's representative	1850
	(c) an investment adviser (including an investment advisers' partnership)	4900
	(d) an investment representative	1850
4.	Annual fee payable by a person registered under the Commodities Trading 
Ordinance (Cap 250) as-	
	(a) a dealer	4900
	(b) a dealer's representative	1850
	(c) a commodity trading adviser	4900
	(d) a commodity trading adviser's representative	1850
		
		Exempt persons
		
5.	Fee payable on application under the Securities Ordinance (Cap 333) to 
be declared as-	
	(a) an exempt dealer	23500
	(b) an exempt investment adviser	7000
6.	Annual fee payable by a person declared under the Securities Ordinance 
(Cap 333) to be-	
	(a) an exempt dealer	14000
	(b) an exempt investment adviser	7000
		
		Mutual fund corporations and unit trusts
		
7.	Fee payable on application under the Securities Ordinance (Cap 333) for-	
	(a) authorization of a mutual fund corporation that maintains, or is 
capable of  maintaining, more than one fund	$40000 plus $5000 for each fund in 
respect of which authorization is sought
	(b) authorization of a unit trust within which there is, or could be, more 
than one fund	$40000 plus $5000 for each fund in respect of which authorization 
is sought
	(c) authorization of any other mutual fund corporation or unit trust	20000
	(d) extension of authorization of a mutual fund corporation or unit trust 
to cover an additional fund	5000
8.	Fee payable in respect of-	
	(a) authorization under the Securities Ordinance (Cap 333) of a mutual 
fund corporation that maintains, or is capable of maintaining, more than 
one fund	$20000 plus$2500 in respect of each fund to which authorization extends
	(b) authorization under the Securities Ordinance (Cap 333) of a unit trust 
within which there is, or could be, more than one fund	$20000 plus $2500 in 
respect of each fund to which authorization extends
	(c) authorization under the Securities Ordinance (Cap 333) of any other 
mutual fund corporation or unit trust	10000
	(d) extension of authorization under the Securities Ordinance (Cap 333) of 
a mutual fund corporation or unit trust to cover an additional fund	2500
9.	Annual fee payable in relation to authorization under the Securities 
Ordinance (Cap 333)-	
	(a) in the case of an authorized mutual fund corporation that maintains, 
or is capable of maintaining, more than one fund	$7500 plus $4500 in respect of 
each fund
	(b) in the case of an authorized unit trust within which there is, or 
could be, more than one fund	$7500 plus $4500 in respect of each fund
	(c) in the case of any other authorized mutual fund corporation or unit 
trust
		6000
		Authorization of advertisements etc.
		
10.	Fee payable on application under section 4(2)(g) of the Protection of 
Investors Ordinance (Cap 335) for authorization of an advertisement, 
invitation or document relating to any investment arrangements or other 
matter, which has not previously been authorized for the purposes of that 
section or for which such authorization no longer exists ("a new scheme")-	
	(a) other than in the case of an immigration-linked investment scheme as 
provided for in the Code on Immigration-Linked Investment Schemes Intended 
to be Advertised or Offered to the Public, published by the Commission the 
Public, published by the Commission and as amended from time to time	20000
	(b) in the case of an immigration-linked investment scheme as provided for 
in the Code referred to in paragraph (a)	30000
11.	Fee payable in respect of authorization, under section 4(2)(g) of the 
Protection of Investors Ordinance (Cap 335), of an advertisement, 
invitation or document relating to a new scheme referred to in-	
	(a) item 10(a)	10000
	(b) item 10(b)	20000
12.	Where authorization under section 4(2)(g) of the Protection of 
Investors Ordinance (Cap 335) is not limited to a period of less than 12 
months, fee payable annually unless the authorization relates to any of 
the following-	6000
	(a) instruments specified in Part II of the Schedule to the Protection of 
Investors Ordinance (Cap 335)	
	(b) certificates of deposit, as defined in section 2 of the Inland Revenue 
Ordinance (Cap 112) (49 of 1995 s. 3)	
	(c) securities, as defined in the Securities Ordinance (Cap 333)	
13.	Fee payable on application to modify authorization previously given 
under section 4(2)(g) of the Protection of Investors Ordinance (Cap 335) 
in relation to any of the following-	3000
	(a) instruments specified in Part II of the Schedule to the Protection of 
Investors Ordinance (Cap 335)	
	(b) certificates of deposit, as defined in section 2 of the Inland Revenue 
Ordinance (Cap 112)  (49 of 1995 s. 3)	
	(c) securities, as defined in the Securities Ordinance (Cap 333)	
14.	Where authorization of an advertisement, invitation or document 
relating to any investment arrangements or other matter is given under 
section 4(2)(g) of the Protection of Investors Ordinance (Cap 335) and is 
limited to a period of less than 12 months, fee payable on application for 
extension of the period of authorization-	
	(a) other than in the case of an immigration-linked investment scheme as 
provided for in the Code on Immigration-Linked Investment Schemes Intended 
to be Advertised or Offered to the Public, published by the Commission and 
as amended from time to time	10000
	(b) in the case of an immigration-linked investment scheme as provided for 
in the Code referred to in paragraph (a)	20000
		
		
		(L.N. 76 of 1993)
15.	Where authorization is sought under section 4(2)(g) of the Protection 
of Investors Ordinance (Cap 335) for any advertisement, invitation or 
document, and any fee otherwise payable under item 10 or 11 is waived 
under section 11-	
	(a) fee payable on application	1200
	(b) fee payable in respect of authorization	600
16.	Fee payable where documentation is submitted to the Commission 
requiring its consideration and advice on the application of the 
Protection of Investors Ordinance (Cap 335) and on the authorization for 
registration of a prospectus under section 38D or 342C of the Companies 
Ordinance (Cap 32)	10000
		
		
		
		
		
		(L.N. 173 of 1994)
		Miscellaneous fees
		
17.	Fee payable for each inspection of a register that is kept by the 
Commission	50
18.	Fee payable for a duplicate of a certificate of registration under the 
Securities Ordinance (Cap 333) or the Commodities Trading Ordinance (Cap 
250)	200
19.	Fee payable for certification of a copy of a document as a true copy	200
20.	Fee payable for copy of any document for which no fee is otherwise 
specified in this Schedule	$9 per page
21.	Fee payable on application for the amendment of a certificate of 
registration	200
22.	Fee payable on application under the Securities Ordinance (Cap 333)-	
	(a) for permission under section 87A(2) for a dealer to alter his 
financial year	2000
	(b) for an extension of time for lodging documents under section 88(2)	2000
23.	Fee payable on an application under section 50(2) of the Commodities 
Trading Ordinance (Cap 250) for an extension of time for lodging documents	2000
24	Fee payable on an application-	
	(a) for a direction under section 29(1) of the Securities and Futures 
Commission Ordinance (Cap 24) altering the requirements of the Financial 
Resources Rules (Cap 24 sub. leg.), except where the direction relates to 
making allowance for hedging or arbitrage programmes	6500
	(b) for renewal of a direction under paragraph (a)	4500
	(c) for a direction under section 29(1) of the Securities and Futures 
Commission Ordinance (Cap 24) altering the requirements of the Financial 
Resources Rules (Cap 24 sub. leg.) where allowances are made for hedging 
or arbitrage programmes-	
	(i) where at least one side of the portfolio is lower than $10 million in 
value 	10000
	(ii) in any other case	20000
		(L.N. 173 of 1994)
25.	Fee payable on an application for authorization under section 12(2) of 
the Stock Exchanges Unification Ordinance (Cap 361)	2000
26.	Fee payable on application under section 55A of the Securities and 
Futures Commission Ordinance (Cap 24)-	
	(a)-(b) (Repealed L.N. 173 of 1994)	
	(c) for a waiver or modification of the requirements of section 81(1) of 
the Securities Ordinance (Cap 333)	6500
	(d) for renewal of a waiver or modification referred to in paragraph (c)	4500
	(da) for a waiver or modification of the requirements of section 84 of the 
Securities Ordinance (Cap 333)  (L.N. 76 of  1993)	4500
	(db) for a waiver or modification of the requirements of section 46 of the 
Commodities Trading Ordinance (Cap 250)  (L.N. 76 of 1993)	4500
	(e) for a waiver or modification of the requirements of any other 
provision specified in section 55A(1) of the Securities and Futures 
Commission Ordinance (Cap 24)	2000
27.	Fee payable on application, for the purposes of the Financial Resources 
Rules (Cap 24 sub. leg.)-	
	(a) to approve the exclusion of a subordinated loan from computations of 
net tangible assets, ranking liabilities, or adjusted liabilities	7500
	(b) to approve the exclusion of redeemable shares from computations of net 
tangible assets, ranking liabilities, or adjusted liabilities	7500
	(ba) (Repealed L.N. 471 of 1997)	
	(c) to approve the repayment of a subordinated loan which has been 
excluded from computations of net tangible assets, ranking liabilities, or 
adjusted liabilities	6500
	(d) to approve the redemption of redeemable shares which have been 
excluded from computations of net tangible assets, ranking liabilities, or 
adjusted liabilities	6500
	(e) for a dealer registered under the Securities Ordinance (Cap 333) or 
the Commodities Trading Ordinance (Cap 250) to be treated as a securities 
introducing broker or a futures introducing broker	4900
		
		
		
		(L.N. 173 of 1994)
27A.	(Repealed L.N. 173 of 1994)	
28.	Fees payable on an application for authorization for registration of a 
prospectus under the Companies Ordinance (Cap 32)-	
	(a) rights issue prospectus	15000
	(b) Eurobond issue prospectus	15000
	(c) warrant issue prospectus	10000
	(d) prospectus relating to the shares or debentures of a company, the 
acquisition of which would confer upon a person acquiring such shares or 
debentures, similar immigration benefits to those which would be acquired 
by a person investing in an immigration-linked investment scheme of the 
type referred to in item 10(a)	50000
	(e) prospectus of the type referred to in paragraph (d) which has 
previously been authorized	20000
	(f) mutual fund prospectus	Nil
	(g) any prospectus, not referred to in paragraphs (a) to (f), offering to 
the public for subscription or purchase for cash or other consideration, 
or calculated to invite offers by the public to subscribe for or purchase 
for cash or other consideration, any shares or debentures of a company 
that have been approved by  the Stock  Exchange Company for listing on the 
Unified Exchange	30000
	(h) any other prospectus	30000
		(L.N. 16 of 1993)
29.	Fee payable on application under section 2A of the Securities 
(Disclosure of Interests) Ordinance (Cap 396) for exemption from all or 
any of the provisions of that Ordinance  (L.N. 76 of 1993)	24000
30.	(Repealed L.N. 471 of 1997)	
(L.N. 76 of 1993; L.N. 173 of 1994; L.N. 430 of 1997; L.N. 471 of 1997; 
L.N. 166 of 1998; L.N. 207 of 1998)


SECURITIES AND FUTURES COMMISSION (FEES) RULES - SCHEDULE 1
APPLICATION FEES, ANNUAL FEES, ETC. VerDate:09/04/1998



[sections 3 & 4]

Item	Description	Fee
		$
		Registration and registered persons
		
1.	Fee payable on application under the Securities Ordinance (Cap 333) for 
registration as-	
	(a) a dealer (including a dealing partnership)	4900
	(b) a dealer's representative	1850
	(c) an investment adviser (including an investment advisers' partnership)	4900
	(d) an investment representative	1850
2.	Fee payable on application under the Commodities Trading Ordinance (Cap 
250) for registration as-	
	(a) a dealer	4900
	(b) a dealer's representative	1850
	(c) a commodity trading adviser	4900
	(d) a commodity trading adviser's representative	1850
3.	Annual fee payable by a person registered under the Securities Ordinance 
(Cap 333) as-	
	(a) a dealer (including a dealing partnership)	4900
	(b) a dealer's representative	1850
	(c) an investment adviser (including an investment advisers' partnership)	4900
	(d) an investment representative	1850
4.	Annual fee payable by a person registered under the Commodities Trading 
Ordinance (Cap 250) as-	
	(a) a dealer	4900
	(b) a dealer's representative	1850
	(c) a commodity trading adviser	4900
	(d) a commodity trading adviser's representative	1850
		
		Exempt persons
		
5.	Fee payable on application under the Securities Ordinance (Cap 333) to 
be declared as-	
	(a) an exempt dealer	23500
	(b) an exempt investment adviser	7000
6.	Annual fee payable by a person declared under the Securities Ordinance 
(Cap 333) to be-	
	(a) an exempt dealer	14000
	(b) an exempt investment adviser	7000
		
		Mutual fund corporations and unit trusts
		
7.	Fee payable on application under the Securities Ordinance (Cap 333) for-	
	(a) authorization of a mutual fund corporation that maintains, or is 
capable of  maintaining, more than one fund	$40000 plus $5000 for each fund in 
respect of which authorization is sought
	(b) authorization of a unit trust within which there is, or could be, more 
than one fund	$40000 plus $5000 for each fund in respect of which authorization 
is sought
	(c) authorization of any other mutual fund corporation or unit trust	20000
	(d) extension of authorization of a mutual fund corporation or unit trust 
to cover an additional fund	5000
8.	Fee payable in respect of-	
	(a) authorization under the Securities Ordinance (Cap 333) of a mutual 
fund corporation that maintains, or is capable of maintaining, more than 
one fund	$20000 plus$2500 in respect of each fund to which authorization extends
	(b) authorization under the Securities Ordinance (Cap 333) of a unit trust 
within which there is, or could be, more than one fund	$20000 plus $2500 in 
respect of each fund to which authorization extends
	(c) authorization under the Securities Ordinance (Cap 333) of any other 
mutual fund corporation or unit trust	10000
	(d) extension of authorization under the Securities Ordinance (Cap 333) of 
a mutual fund corporation or unit trust to cover an additional fund	2500
9.	Annual fee payable in relation to authorization under the Securities 
Ordinance (Cap 333)-	
	(a) in the case of an authorized mutual fund corporation that maintains, 
or is capable of maintaining, more than one fund	$7500 plus $4500 in respect of 
each fund
	(b) in the case of an authorized unit trust within which there is, or 
could be, more than one fund	$7500 plus $4500 in respect of each fund
	(c) in the case of any other authorized mutual fund corporation or unit 
trust
		6000
		Authorization of advertisements etc.
		
10.	Fee payable on application under section 4(2)(g) of the Protection of 
Investors Ordinance (Cap 335) for authorization of an advertisement, 
invitation or document relating to any investment arrangements or other 
matter, which has not previously been authorized for the purposes of that 
section or for which such authorization no longer exists ("a new scheme")-	
	(a) other than in the case of an immigration-linked investment scheme as 
provided for in the Code on Immigration-Linked Investment Schemes Intended 
to be Advertised or Offered to the Public, published by the Commission the 
Public, published by the Commission and as amended from time to time	20000
	(b) in the case of an immigration-linked investment scheme as provided for 
in the Code referred to in paragraph (a)	30000
11.	Fee payable in respect of authorization, under section 4(2)(g) of the 
Protection of Investors Ordinance (Cap 335), of an advertisement, 
invitation or document relating to a new scheme referred to in-	
	(a) item 10(a)	10000
	(b) item 10(b)	20000
12.	Where authorization under section 4(2)(g) of the Protection of 
Investors Ordinance (Cap 335) is not limited to a period of less than 12 
months, fee payable annually unless the authorization relates to any of 
the following-	6000
	(a) instruments specified in Part II of the Schedule to the Protection of 
Investors Ordinance (Cap 335)	
	(b) certificates of deposit, as defined in section 2 of the Inland Revenue 
Ordinance (Cap 112) (49 of 1995 s. 3)	
	(c) securities, as defined in the Securities Ordinance (Cap 333)	
13.	Fee payable on application to modify authorization previously given 
under section 4(2)(g) of the Protection of Investors Ordinance (Cap 335) 
in relation to any of the following-	3000
	(a) instruments specified in Part II of the Schedule to the Protection of 
Investors Ordinance (Cap 335)	
	(b) certificates of deposit, as defined in section 2 of the Inland Revenue 
Ordinance (Cap 112)  (49 of 1995 s. 3)	
	(c) securities, as defined in the Securities Ordinance (Cap 333)	
14.	Where authorization of an advertisement, invitation or document 
relating to any investment arrangements or other matter is given under 
section 4(2)(g) of the Protection of Investors Ordinance (Cap 335) and is 
limited to a period of less than 12 months, fee payable on application for 
extension of the period of authorization-	
	(a) other than in the case of an immigration-linked investment scheme as 
provided for in the Code on Immigration-Linked Investment Schemes Intended 
to be Advertised or Offered to the Public, published by the Commission and 
as amended from time to time	10000
	(b) in the case of an immigration-linked investment scheme as provided for 
in the Code referred to in paragraph (a)	20000
		
		
		(L.N. 76 of 1993)
15.	Where authorization is sought under section 4(2)(g) of the Protection 
of Investors Ordinance (Cap 335) for any advertisement, invitation or 
document, and any fee otherwise payable under item 10 or 11 is waived 
under section 11-	
	(a) fee payable on application	1200
	(b) fee payable in respect of authorization	600
16.	Fee payable where documentation is submitted to the Commission 
requiring its consideration and advice on the application of the 
Protection of Investors Ordinance (Cap 335) and on the authorization for 
registration of a prospectus under section 38D or 342C of the Companies 
Ordinance (Cap 32)	10000
		
		
		
		
		
		(L.N. 173 of 1994)
		Miscellaneous fees
		
17.	Fee payable for each inspection of a register that is kept by the 
Commission	50
18.	Fee payable for a duplicate of a certificate of registration under the 
Securities Ordinance (Cap 333) or the Commodities Trading Ordinance (Cap 
250)	200
19.	Fee payable for certification of a copy of a document as a true copy	200
20.	Fee payable for copy of any document for which no fee is otherwise 
specified in this Schedule	$9 per page
21.	Fee payable on application for the amendment of a certificate of 
registration	200
22.	Fee payable on application under the Securities Ordinance (Cap 333)-	
	(a) for permission under section 87A(2) for a dealer to alter his 
financial year	2000
	(b) for an extension of time for lodging documents under section 88(2)	2000
23.	Fee payable on an application under section 50(2) of the Commodities 
Trading Ordinance (Cap 250) for an extension of time for lodging documents	2000
24	Fee payable on an application-	
	(a) for a direction under section 29(1) of the Securities and Futures 
Commission Ordinance (Cap 24) altering the requirements of the Financial 
Resources Rules (Cap 24 sub. leg.), except where the direction relates to 
making allowance for hedging or arbitrage programmes	6500
	(b) for renewal of a direction under paragraph (a)	4500
	(c) for a direction under section 29(1) of the Securities and Futures 
Commission Ordinance (Cap 24) altering the requirements of the Financial 
Resources Rules (Cap 24 sub. leg.) where allowances are made for hedging 
or arbitrage programmes-	
	(i) where at least one side of the portfolio is lower than $10 million in 
value 	10000
	(ii) in any other case	20000
		(L.N. 173 of 1994)
25.	Fee payable on an application for authorization under section 12(2) of 
the Stock Exchanges Unification Ordinance (Cap 361)	2000
26.	Fee payable on application under section 55A of the Securities and 
Futures Commission Ordinance (Cap 24)-	
	(a)-(b) (Repealed L.N. 173 of 1994)	
	(c) for a waiver or modification of the requirements of section 81(1) of 
the Securities Ordinance (Cap 333)	6500
	(d) for renewal of a waiver or modification referred to in paragraph (c)	4500
	(da) for a waiver or modification of the requirements of section 84 of the 
Securities Ordinance (Cap 333)  (L.N. 76 of  1993)	4500
	(db) for a waiver or modification of the requirements of section 46 of the 
Commodities Trading Ordinance (Cap 250)  (L.N. 76 of 1993)	4500
	(e) for a waiver or modification of the requirements of any other 
provision specified in section 55A(1) of the Securities and Futures 
Commission Ordinance (Cap 24)	2000
27.	Fee payable on application, for the purposes of the Financial Resources 
Rules (Cap 24 sub. leg.)-	
	(a) to approve the exclusion of a subordinated loan from computations of 
net tangible assets, ranking liabilities, or adjusted liabilities	7500
	(b) to approve the exclusion of redeemable shares from computations of net 
tangible assets, ranking liabilities, or adjusted liabilities	7500
	(ba) (Repealed L.N. 471 of 1997)	
	(c) to approve the repayment of a subordinated loan which has been 
excluded from computations of net tangible assets, ranking liabilities, or 
adjusted liabilities	6500
	(d) to approve the redemption of redeemable shares which have been 
excluded from computations of net tangible assets, ranking liabilities, or 
adjusted liabilities	6500
	(e) for a dealer registered under the Securities Ordinance (Cap 333) or 
the Commodities Trading Ordinance (Cap 250) to be treated as a securities 
introducing broker or a futures introducing broker	4900
		
		
		
		(L.N. 173 of 1994)
27A.	(Repealed L.N. 173 of 1994)	
28.	Fees payable on an application for authorization for registration of a 
prospectus under the Companies Ordinance (Cap 32)-	
	(a) rights issue prospectus	15000
	(b) Eurobond issue prospectus	15000
	(c) warrant issue prospectus	10000
	(d) prospectus relating to the shares or debentures of a company, the 
acquisition of which would confer upon a person acquiring such shares or 
debentures, similar immigration benefits to those which would be acquired 
by a person investing in an immigration-linked investment scheme of the 
type referred to in item 10(a)	50000
	(e) prospectus of the type referred to in paragraph (d) which has 
previously been authorized	20000
	(f) mutual fund prospectus	Nil
	(g) any prospectus, not referred to in paragraphs (a) to (f), offering to 
the public for subscription or purchase for cash or other consideration, 
or calculated to invite offers by the public to subscribe for or purchase 
for cash or other consideration, any shares or debentures of a company 
that have been approved by  the Stock  Exchange Company for listing on the 
Unified Exchange	30000
	(h) any other prospectus	30000
		(L.N. 16 of 1993)
29.	Fee payable on application under section 2A of the Securities 
(Disclosure of Interests) Ordinance (Cap 396) for exemption from all or 
any of the provisions of that Ordinance  (L.N. 76 of 1993)	24000
30.	(Repealed L.N. 471 of 1997)	
(L.N. 76 of 1993; L.N. 173 of 1994; L.N. 430 of 1997; L.N. 471 of 1997; 
L.N. 166 of 1998; L.N. 207 of 1998)



SECURITIES AND FUTURES COMMISSION (FEES) RULES - SCHEDULE 1
APPLICATION FEES, ANNUAL FEES, ETC. VerDate:17/10/1997



[sections 3 & 4]

Item	Description	Fee
		$
		Registration and registered persons
		
1.	Fee payable on application under the Securities Ordinance (Cap 333) for 
registration as-	
	(a) a dealer (including a dealing partnership)	4900
	(b) a dealer's representative	1850
	(c) an investment adviser (including an investment advisers' partnership)	4900
	(d) an investment representative	1850
2.	Fee payable on application under the Commodities Trading Ordinance (Cap 
250) for registration as-	
	(a) a dealer	4900
	(b) a dealer's representative	1850
	(c) a commodity trading adviser	4900
	(d) a commodity trading adviser's representative	1850
3.	Annual fee payable by a person registered under the Securities Ordinance 
(Cap 333) as-	
	(a) a dealer (including a dealing partnership)	4900
	(b) a dealer's representative	1850
	(c) an investment adviser (including an investment advisers' partnership)	4900
	(d) an investment representative	1850
4.	Annual fee payable by a person registered under the Commodities Trading 
Ordinance (Cap 250) as-	
	(a) a dealer	4900
	(b) a dealer's representative	1850
	(c) a commodity trading adviser	4900
	(d) a commodity trading adviser's representative	1850
		
		Exempt persons
		
5.	Fee payable on application under the Securities Ordinance (Cap 333) to 
be declared as-	
	(a) an exempt dealer	23500
	(b) an exempt investment adviser	7000
6.	Annual fee payable by a person declared under the Securities Ordinance 
(Cap 333) to be-	
	(a) an exempt dealer	14000
	(b) an exempt investment adviser	7000
		
		Mutual fund corporations and unit trusts
		
7.	Fee payable on application under the Securities Ordinance (Cap 333) for-	
	(a) authorization of a mutual fund corporation that maintains, or is 
capable of  maintaining, more than one fund	$40000 plus $5000 for each fund in 
respect of which authorization is sought
	(b) authorization of a unit trust within which there is, or could be, more 
than one fund	$40000 plus $5000 for each fund in respect of which authorization 
is sought
	(c) authorization of any other mutual fund corporation or unit trust	20000
	(d) extension of authorization of a mutual fund corporation or unit trust 
to cover an additional fund	5000
8.	Fee payable in respect of-	
	(a) authorization under the Securities Ordinance (Cap 333) of a mutual 
fund corporation that maintains, or is capable of maintaining, more than 
one fund	$20000 plus$2500 in respect of each fund to which authorization extends
	(b) authorization under the Securities Ordinance (Cap 333) of a unit trust 
within which there is, or could be, more than one fund	$20000 plus $2500 in 
respect of each fund to which authorization extends
	(c) authorization under the Securities Ordinance (Cap 333) of any other 
mutual fund corporation or unit trust	10000
	(d) extension of authorization under the Securities Ordinance (Cap 333) of 
a mutual fund corporation or unit trust to cover an additional fund	2500
9.	Annual fee payable in relation to authorization under the Securities 
Ordinance (Cap 333)-	
	(a) in the case of an authorized mutual fund corporation that maintains, 
or is capable of maintaining, more than one fund	$7500 plus $4500 in respect of 
each fund
	(b) in the case of an authorized unit trust within which there is, or 
could be, more than one fund	$7500 plus $4500 in respect of each fund
	(c) in the case of any other authorized mutual fund corporation or unit 
trust
		6000
		Authorization of advertisements etc.
		
10.	Fee payable on application under section 4(2)(g) of the Protection of 
Investors Ordinance (Cap 335) for authorization of an advertisement, 
invitation or document relating to any investment arrangements or other 
matter, which has not previously been authorized for the purposes of that 
section or for which such authorization no longer exists ("a new scheme")-	
	(a) other than in the case of an immigration-linked investment scheme as 
provided for in the Code on Immigration-Linked Investment Schemes Intended 
to be Advertised or Offered to the Public, published by the Commission the 
Public, published by the Commission and as amended from time to time	20000
	(b) in the case of an immigration-linked investment scheme as provided for 
in the Code referred to in paragraph (a)	30000
11.	Fee payable in respect of authorization, under section 4(2)(g) of the 
Protection of Investors Ordinance (Cap 335), of an advertisement, 
invitation or document relating to a new scheme referred to in-	
	(a) item 10(a)	10000
	(b) item 10(b)	20000
12.	Where authorization under section 4(2)(g) of theProtection of Investors 
Ordinance (Cap 335) is not limited to a period of less than 12 months, fee 
payable annually unless the authorization relates to any of the following-	6000
	(a) instruments specified in Part II of the Schedule to the Protection of 
Investors Ordinance (Cap 335)	
	(b) certificates of deposit, as defined in section 2 of the Inland Revenue 
Ordinance (Cap 112) (49 of 1995 s. 3)	
	(c) securities, as defined in the Securities Ordinance (Cap 333)	
13.	Fee payable on application to modify authorization previously given 
under section 4(2)(g) of the Protection of Investors Ordinance (Cap 335) 
in relation to any of the following-	3000
	(a) instruments specified in Part II of the Schedule to the Protection of 
Investors Ordinance (Cap 335)	
	(b) certificates of deposit, as defined in section 2 of the Inland Revenue 
Ordinance (Cap 112)  (49 of 1995 s. 3)	
	(c) securities, as defined in the Securities Ordinance (Cap 333)	
14.	Where authorization of an advertisement, invitation or document 
relating to any investment arrangements or other matter is given under 
section 4(2)(g) of the Protection of Investors Ordinance (Cap 335) and is 
limited to a period of less than 12 months, fee payable on application for 
extension of the period of authorization-	
	(a) other than in the case of an immigration-linked investment scheme as 
provided for in the Code on Immigration-Linked Investment Schemes Intended 
to be Advertised or Offered to the Public, published by the Commission and 
as amended from time to time	10000
	(b) in the case of an immigration-linked investment scheme as provided for 
in the Code referred to in paragraph (a)	20000
		
		
		(L.N. 76 of 1993)
15.	Where authorization is sought under section 4(2)(g) of the Protection 
of Investors Ordinance (Cap 335) for any advertisement, invitation or 
document, and any fee otherwise payable under item 10 or 11 is waived 
under section 11-	
	(a) fee payable on application	1200
	(b) fee payable in respect of authorization	600
16.	Fee payable where documentation is submitted to the Commission 
requiring its consideration and advice on the application of the 
Protection of Investors Ordinance (Cap 335) and on the authorization for 
registration of a prospectus under section 38D or 342C of the Companies 
Ordinance (Cap 32)	10000
		
		
		
		
		
		(L.N. 173 of 1994)
		Miscellaneous fees
		
17.	Fee payable for each inspection of a register that is kept by the 
Commission	50
18.	Fee payable for a duplicate of a certificate of registration under the 
Securities Ordinance (Cap 333) or the Commodities Trading Ordinance (Cap 
250)	200
19.	Fee payable for certification of a copy of a document as a true copy	200
20.	Fee payable for copy of any document for which no fee is otherwise 
specified in this Schedule	$9 per page
21.	Fee payable on application for the amendment of a certificate of 
registration	200
22.	Fee payable on application under the Securities Ordinance (Cap 333)-	
	(a) for permission under section 87A(2) for a dealer to alter his 
financial year	2000
	(b) for an extension of time for lodging documents under section 88(2)	2000
23.	Fee payable on an application under section 50(2) of the Commodities 
Trading Ordinance (Cap 250) for an extension of time for lodging documents	2000
24	Fee payable on an application-	
	(a) for a direction under section 29(1) of the Securities and Futures 
Commission Ordinance (Cap 24) altering the requirements of the Financial 
Resources Rules (Cap 24 sub. leg.), except where the direction relates to 
making allowance for hedging or arbitrage programmes	6500
	(b) for renewal of a direction under paragraph (a)	4500
	(c) for a direction under section 29(1) of the Securities and Futures 
Commission Ordinance (Cap 24) altering the requirements of the Financial 
Resources Rules (Cap 24 sub. leg.) where allowances are made for hedging 
or arbitrage programmes-	
	(i) where at least one side of the portfolio is lower than $10 million in 
value 	10000
	(ii) in any other case	20000
		(L.N. 173 of 1994)
25.	Fee payable on an application for authorization under section 12(2) of 
the Stock Exchanges Unification Ordinance (Cap 361)	2000
26.	Fee payable on application under section 55A of the Securities and 
Futures Commission Ordinance (Cap 24)-	
	(a)-(b) (Repealed L.N. 173 of 1994)	
	(c) for a waiver or modification of the requirements of section 81(1) of 
the Securities Ordinance (Cap 333)	6500
	(d) for renewal of a waiver or modification referred to in paragraph (c)	4500
	(da) for a waiver or modification of the requirements of section 84 of the 
Securities Ordinance (Cap 333)  (L.N. 76 of  1993)	4500
	(db) for a waiver or modification of the requirements of section 46 of the 
Commodities Trading Ordinance (Cap 250)  (L.N. 76 of 1993)	4500
	(e) for a waiver or modification of the requirements of any other 
provision specified in section 55A(1) of the Securities and Futures 
Commission Ordinance (Cap 24)	2000
27.	Fee payable on application, for the purposes of the Financial Resources 
Rules (Cap 24 sub. leg.)-	
	(a) to approve the exclusion of a subordinated loan from computations of 
net tangible assets, ranking liabilities, or adjusted liabilities	7500
	(b) to approve the exclusion of redeemable shares from computations of net 
tangible assets, ranking liabilities, or adjusted liabilities	7500
	(ba) (Repealed L.N. 471 of 1997)	
	(c) to approve the repayment of a subordinated loan which has been 
excluded from computations of net tangible assets, ranking liabilities, or 
adjusted liabilities	6500
	(d) to approve the redemption of redeemable shares which have been 
excluded from computations of net tangible assets, ranking liabilities, or 
adjusted liabilities	6500
	(e) for a dealer registered under the Securities Ordinance (Cap 333) or 
the Commodities Trading Ordinance (Cap 250) to be treated as a securities 
introducing broker or a futures introducing broker	4900
		
		
		
		(L.N. 173 of 1994)
27A.	(Repealed L.N. 173 of 1994)	
28.	Fees payable on an application for authorization for registration of a 
prospectus under the Companies Ordinance (Cap 32)-	
	(a) rights issue prospectus	15000
	(b) Eurobond issue prospectus	15000
	(c) warrant issue prospectus	10000
	(d) prospectus relating to the shares or debentures of a company, the 
acquisition of which would confer upon a person acquiring such shares or 
debentures, similar immigration benefits to those which would be acquired 
by a person investing in an immigration-linked investment scheme of the 
type referred to in item 10(a)	50000
	(e) prospectus of the type referred to in paragraph (d) which has 
previously been authorized	20000
	(f) mutual fund prospectus	Nil
	(g) any prospectus, not referred to in paragraphs (a) to (f), offering to 
the public for subscription or purchase for cash or other consideration, 
or calculated to invite offers by the public to subscribe for or purchase 
for cash or other consideration, any shares or debentures of a company 
that have been approved by  the Stock  Exchange Company for listing on the 
Unified Exchange	30000
	(h) any other prospectus	30000
		(L.N. 16 of 1993)
29.	Fee payable on application under section 2A of the Securities 
(Disclosure of Interests) Ordinance (Cap 396) for exemption from all or 
any of the provisions of that Ordinance  (L.N. 76 of 1993)	24000
30.	(Repealed L.N. 471 of 1997)	
		(L.N. 76 of 1993; L.N. 173 of 1994; L.N. 430 of 1997; L.N. 471 of 1997)




SECURITIES AND FUTURES COMMISSION (FEES) RULES - SCHEDULE 1
APPLICATION FEES, ANNUAL FEES, ETC. VerDate:16/09/1997



[sections 3 & 4]

Item	Description	Fee
		$
		Registration and registered persons 
1.	Fee payable on application under the Securities Ordinance (Cap. 333) for 
registration as-	
	(a) a dealer (including a dealing partnership)	5250
	(b) a dealer's representative	2000
	(c) an investment adviser (including an investment advisers' partnership)	5250
	(d) an investment representative	2000
2.	Fee payable on application under the Commodities Trading Ordinance (Cap. 
250) for registration as-	
	(a) a dealer	5250
	(b) a dealer's representative	2000
	(c) a commodity trading adviser	5250
	(d) a commodity trading adviser's representative	2000
3.	Annual fee payable by a person registered under the Securities Ordinance 
(Cap. 333) as- 	
	(a) a dealer (including a dealing  partnership)	5250
	(b) a dealer's representative	2000
	(c) an investment adviser (including an investment advisers' partnership)	5250
	(d) an investment representative	2000
4.	Annual fee payable by a person registered under the Commodities Trading 
Ordinance (Cap. 250) as-	
	(a) a dealer	5250
	(b) a dealer's representative	2000
	(c) a commodity trading adviser	5250
	(d) a commodity trading adviser's representative	2000
		
		Exempt persons 
5.	Fee payable on application under the Securities Ordinance (Cap. 333) to 
be declared as- 	
	(a) an exempt dealer	25150
	(b) an exempt investment adviser	7500
6.	Annual fee payable by a person declared under the Securities Ordinance 
(Cap. 333) to be- 	
	(a) an exempt dealer	15000
	(b) an exempt investment adviser	7500
		
		Mutual fund corporations and unit trusts 
7.	Fee payable on application under the Securities Ordinance (Cap. 333) for 
and as the first annual fee in relation to-	
	(a) authorization of a mutual fund corporation that maintains, or is 
capable of  maintaining, more than one fund	$70000 plus $10000 for each fund in 
respect of which authorization is sought
	(b) authorization of a unit trust within which there is, or could be, more 
than one fund	$40000 plus $5000 for each fund in respect of which authorization 
is sought 
	(c) authorization of any other mutual fund corporation or unit trust	40000
	(d) (Repealed L.N. 430 of 1997)	
8.	Fee payable on application for-	
	(a)-(c) (Repealed L.N. 430 of 1997)	
	(d) extension of authorization under the Securities Ordinance (Cap. 333) 
of a mutual fund corporation or unit trust to cover an additional fund	10000
9.	Annual fee payable on or before each successive anniversary of the date 
on which the authorization takes effect in relation to authorization under 
the Securities Ordinance (Cap. 333)- 	
	(a) in the case of an authorized mutual fund corporation that maintains, 
or is capable of maintaining, more than one fund 	$8500 plus $5000 in 
respect of each fund 
	(b) in the case of an authorized unit trust within which there is, or 
could be, more than one fund 	$8500 plus $5000 in respect of each fund 
	(c) in the case of any other authorized mutual fund corporation or unit 
trust 	6500
		
		Authorization of advertisements etc. 
10.	Fee payable on application under section 4(2)(g) of the Protection of 
Investors Ordinance (Cap. 335) for authorization of an advertisement, 
invitation or document relating to any investment arrangements or other 
matter, which has not previously been authorized for the purposes  of that 
section or for which such authorization no longer  exists ("a new scheme") 
and, in respect of paragraph (a), also as the first annual fee payable in 
relation to such authorization- 	
	(a) other than in the case of an immigration-linked investment scheme as 
provided for in the Code on Immigration-Linked Investment Schemes 
Immigration-Linked Investment Schemes Intended to be Advertised or Offered 
to the Public, published by the Commission the Public, published by the 
Commission and as amended from time to time	40000
	(b) in the case of an immigration-linked investment scheme as provided for 
in the  Code referred to in paragraph (a) 	32000
11.	Fee payable in respect of authorization, under section 4(2)(g) of the 
Protection of Investors Ordinance (Cap. 335), of an advertisement, 
invitation or document relating to a new scheme referred to in- 	
	(a) (Repealed L.N. 430 of 1997)	
	(b) item 10(b)	20000
12.	Where authorization under section 4(2)(g) of the Protection of 
Investors Ordinance (Cap. 335) is not limited to a period of less than 12 
months, fee payable annually on or before each successive anniversary of 
the date on which the authorization takes effect unless the authorization 
relates to any of the following- 	6500
	(a) instruments specified in Part II of the Schedule to the Protection of 
Investors Ordinance (Cap. 335)	
	(b) certificates of deposit, as defined in section 2 of the Inland Revenue 
Ordinance (Cap. 112)  (49 of 1995 s. 3) 	
	(c) securities, as defined in the Securities Ordinance (Cap. 333) 	
13.	Fee payable on application to modify authorization previously given 
under section 4(2)(g) of the Protection of Investors Ordinance (Cap. 335) 
in relation to any of the following- 	3000
	(a) instruments specified in Part II of the Schedule to the Protection of 
Investors Ordinance (Cap. 335) 	
	(b) certificates of deposit, as defined in section 2 of the Inland Revenue 
Ordinance (Cap. 112)  (49 of 1995 s. 3) 	
	(c) securities, as defined in the Securities Ordinance (Cap. 333)  	
14.	Where authorization of an advertisement, invitation or document 
relating to any investment arrangements or other matter is given under 
section 4(2)(g) of the Protection of Investors Ordinance (Cap. 335) and is 
limited to a period of less than 12 months, fee payable on application for 
extension of the period of authorization- 	
	(a) other than in the case of an immigration-linked investment scheme as 
provided for in the Code on Immigration-Linked Investment Schemes Intended 
to be Advertised or Offered to the Public, published by the Commission and 
as amended from time to time 	10000
	(b) in the case of an immigration-linked investment scheme as provided for 
in the Code referred to in paragraph (a) 	20000
		
		
		(L.N. 76 of 1993)
15.	Where authorization is sought under section 4(2)(g) of the Protection 
of Investors Ordinance (Cap. 335) for any advertisement, invitation or 
document, and any fee otherwise payable under item 10 or 11 is waived 
under section 11- 	
	(a) fee payable on application	1200
	(b) fee payable in respect of authorization	600
16.	Fee payable where documentation is submitted to the Commission 
requiring its consideration and advice on the application of the 
Protection of Investors Ordinance (Cap. 335) and on the authorization for 
registration of a prospectus under section 38D or 342C of the Companies 
Ordinance (Cap. 32) 	10000
		
		
		
		
		
		(L.N. 173 of 1994)
		
		Miscellaneous fees 
17.	Fee payable for each inspection of a register that is kept by the 
Commission 	55
18.	Fee payable for a duplicate of a certificate of registration under the 
Securities Ordinance (Cap. 333) or the Commodities Trading Ordinance (Cap. 
250)  	210
19.	Fee payable for certification of a copy of a document as a true copy 	
210
20.	Fee payable for copy of any document for which no fee is otherwise 
specified in this Schedule 	$10 per page
21.	Fee payable on application for the amendment of a certificate of 
registration 	210
22.	Fee payable on application under the Securities Ordinance (Cap. 333)- 	
	(a) for permission under section  87A(2) for a dealer to alter his 
financial year 	2150
	(b) for an extension of time for lodging documents under section 88(2)	2150
23.	Fee payable on an application under section 50(2) of the Commodities 
Trading Ordinance (Cap. 250) for  an extension of time for lodging 
documents 	2150
24	Fee payable on an application- 	
	(a) for a direction under section 29(1) of the Securities and Futures 
Commission Ordinance (Cap. 24) altering the requirements of the Financial 
Resources Rules (Cap. 24 sub. leg.), except where the direction relates to 
making allowance for hedging or arbitrage programmes 	6950
	(b) for renewal of a direction under paragraph (a)	4800
	(c) for a direction under section 29(1) of the Securities and Futures 
Commission Ordinance (Cap. 24) altering the requirements of the Financial 
Resources Rules (Cap. 24 sub. leg.) where allowances are made for hedging 
or arbitrage programmes-	
	(i) where at least one side of the portfolio is lower than $10 million in 
value 	10700
	(ii) in any other case	21500
		(L.N. 173 of 1994)
25.	Fee payable on an application for authorization under section 12(2) of 
the Stock Exchanges Unification Ordinance (Cap. 361) 	2150
26.	Fee payable on application under section 55A of the Securities and 
Futures Commission Ordinance (Cap. 24)- 	
	(a)-(b) (Repealed L.N. 173 of 1994) 	
	(c) for a waiver or modification of the requirements of section 81(1) of 
the Securities Ordinance (Cap. 333) 	6950
	(d) for renewal of a waiver or modification referred to in paragraph (c) 	
4800
	(da) for a waiver or modification of the requirements of section 84 of the 
Securities Ordinance (Cap. 333)  (L.N. 76 of  1993) 	4800
	(db) for a waiver or modification of the requirements of section 46 of the 
Commodities Trading Ordinance (Cap. 250)  (L.N. 76 of 1993) 	4800
	(e) for a waiver or modification of the requirements of any other 
provision specified in section 55A(1) of the Securities and Futures 
Commission Ordinance (Cap. 24)	2150
27.	Fee payable on application, for the purposes of the Financial Resources 
Rules (Cap. 24 sub. leg.)- 	
	(a) to approve the exclusion of a subordinated loan from computations of 
net tangible assets, ranking liabilities, or adjusted liabilities 	8000
	(b) to approve the exclusion of redeemable shares from computations of net 
tangible assets, ranking liabilities, or adjusted liabilities 
	(ba) to approve the extension of the repayment date of a subordinated loan 
which has been excluded from computations of net tangible assets, ranking 
liabilities, or adjusted liabilities  (L.N. 430 of 1997)	8000
		
		
		4800
	(c) to approve the repayment of a subordinated loan which has been 
excluded from computations of net tangible assets, ranking liabilities, or 
adjusted liabilities 	6950
	(d) to approve the redemption of redeemable shares which have been 
excluded from computations of net tangible assets, ranking liabilities, or 
adjusted liabilities	6950
	(e) for a dealer registered under the Securities Ordinance (Cap. 333) or 
the Commodities Trading Ordinance (Cap. 250) to be treated as a securities 
introducing broker or a futures introducing broker 	5250
		
		
		
		(L.N. 173 of 1994)
27A.	(Repealed L.N. 173 of 1994)	
28.	Fees payable on an application for authorization for registration of a 
prospectus under the Companies Ordinance (Cap. 32)- 	
	(a) rights issue prospectus	15000
	(b) Eurobond issue prospectus	15000
	(c) warrant issue prospectus	10000
	(d) prospectus relating to the shares or debentures of a company, the 
acquisition of which would confer upon a person acquiring such shares or 
debentures, similar immigration benefits to those which would be acquired 
by a person investing in an immigration-linked investment scheme of the 
type referred to in item 10(a) 	52000
	(e) prospectus of the type referred to in paragraph (d) which has 
previously been authorized 	20000
	(f) mutual fund prospectus	Nil
	(g) any prospectus, not referred to in paragraphs (a) to (f), offering to 
the public for subscription or purchase for cash or other consideration, 
or calculated to invite offers by the public to subscribe for or purchase 
for cash or other consideration, any shares or debentures of a company 
that have been approved by the Stock  Exchange Company for listing on the 
Unified Exchange	30000
	(h) any other prospectus	30000
		(L.N. 16 of 1993)
29.	Fee payable on application under section 2A of the Securities 
(Disclosure of Interests) Ordinance (Cap. 396) for exemption from all or 
any of the provisions of that Ordinance  (L.N. 76 of 1993) 	30000
30.	Fee payable on application under section 26A of the Securities and 
Futures Commission Ordinance (Cap. 24) for approval to a person being a 
substantial shareholder in a registered person that is a corporation  
(L.N. 430 of 1997)	6950
		
		
		
		
		(L.N. 76 of 1993; L.N. 173 of 1994; L.N. 430 of 1997)





SECURITIES AND FUTURES COMMISSION (FEES) RULES - SCHEDULE 1
APPLICATION FEES, ANNUAL FEES, ETC. VerDate:30/06/1997



SCHEDULE 1	[sections 3 & 4]

Item	Description	Fee
		$
		Registration and registered persons 
1.	Fee payable on application under the Securities Ordinance (Cap. 333) for 
registration as-	
	(a) a dealer (including a dealing partnership)	4900
	(b) a dealer's representative	1850
	(c) an investment adviser (including an investment advisers' partnership)	4900
	(d) an investment representative	1850
2.	Fee payable on application under the Commodities Trading Ordinance (Cap. 
250) for registration as-	
	(a) a dealer	4900
	(b) a dealer's representative	1850
	(c) a commodity trading adviser	4900
	(d) a commodity trading adviser's representative	1850
3.	Annual fee payable by a person registered under the Securities Ordinance 
(Cap. 333) as- 	
	(a) a dealer (including a dealing  partnership)	4900
	(b) a dealer's representative	1850
	(c) an investment adviser (including an investment advisers' partnership)	4900
	(d) an investment representative	1850
4.	Annual fee payable by a person registered under the Commodities Trading 
Ordinance (Cap. 250) as-	
	(a) a dealer	4900
	(b) a dealer's representative	1850
	(c) a commodity trading adviser	4900
	(d) a commodity trading adviser's representative	1850
		 Exempt persons 
5.	Fee payable on application under the Securities Ordinance (Cap. 333) to 
be declared as- 	
	(a) an exempt dealer	23500
	(b) an exempt investment adviser	7000
6.	Annual fee payable by a person declared under the Securities Ordinance 
(Cap. 333) to be- 	
	(a) an exempt dealer	14000
	(b) an exempt investment adviser	7000
		Mutual fund corporations and unit trusts 
7.	Fee payable on application under the Securities Ordinance (Cap. 333) for-	
	(a) authorization of a mutual fund corporation that maintains, or is 
capable of  maintaining, more than one fund	$40000 plus $5000 for each fund in 
respect of which authorization is sought 
	(b) authorization of a unit trust within which there is, or could be, more 
than one fund	$40000 plus $5000 for each fund in respect of which authorization 
is sought 
	(c) authorization of any other mutual fund corporation or unit trust	20000
	(d) extension of authorization of a mutual fund corporation or unit trust 
to cover an additional fund	5000
8.	Fee payable in respect of-	
	(a) authorization under the Securities Ordinance (Cap. 333) of a mutual 
fund corporation  that maintains, or iscapable of maintaining, more than 
one fund	$20000 plus$2500 in respect of each fund to which authorization extends
	(b) authorization under the Securities Ordinance (Cap. 333) of a unit 
trust within which there is, or could be, more than one fund	$20000 plus $2500 
inrespect of each fund to which authorization extends 
	(c) authorization under the Securities	10000 Ordinance (Cap. 333) of any other mutual 
fund corporation or unit trust 
	(d) extension of authorization under the Securities Ordinance (Cap. 333) 
of a mutual fund corporation or unit trust to cover an additional fund	2500
9.	Annual fee payable in relation to authorization under the Securities 
Ordinance (Cap. 333)- 	
	(a) in the case of an authorized mutual fund corporation that maintains, 
or is capable of maintaining, more than one fund 	$7500 plus $4500 in 
respect of each fund 
	(b) in the case of an authorized unit trust within which there is, or 
could be, more than one fund 	$7500 plus $4500 in respect of each fund 
	(c) in the case of any other authorized mutual fund corporation or unit 
trust 	6000
		Authorization of advertisements etc. 
10.	Fee payable on application under section 4(2)(g) of the Protection of 
Investors Ordinance (Cap. 335) for authorization of an advertisement, 
invitation or document relating to any investment arrangements or other 
matter, which has not previously been authorized for the purposes  of that 
section or for which such authorization no longer  exists ("a new 
scheme")- 	
	(a) other than in the case of an immigration-linked investment scheme 
asprovided for in the Code on Immigration-Linked Investment 
SchemesImmigration-Linked Investment Schemes Intended to be Advertised or 
Offered to the Public, published by the Commission the Public, published 
by the Commission and as amended from time to time	20000 
	(b) in the case of an immigration-linked investment scheme as provided for 
in the  Code referred to in paragraph (a) 	30000 
11.	Fee payable in respect of authorization, under section 4(2)(g) of the 
Protection of Investors Ordinance (Cap. 335), of an advertisement, 
invitation or document relating to a new scheme referred to in- 	
	(a) item 10(a)	10000
	(b) item 10(b)	20000
12.	Where authorization under section 4(2)(g) of theProtection of Investors 
Ordinance (Cap. 335) is not limited to a period of less than 12 months, 
fee payable annually unless the authorization relates to any of the 
following- 	6000
	(a) instruments specified in Part II of the Schedule to the Protection of 
Investors Ordinance (Cap. 335) 	
	(b) certificates of deposit, as defined in section 2 of the Inland Revenue 
Ordinance (Cap. 112)  (49 of 1995 s. 3) 	
	(c) securities, as defined in the Securities Ordinance (Cap. 333) 	
13.	Fee payable on application to modify authorization previously given 
under section 4(2)(g) of the Protection of Investors Ordinance (Cap. 335) 
in relation to any of the following- 	3000 
	(a) instruments specified in Part II of the Schedule to the Protection of 
Investors Ordinance (Cap. 335) 	
	(b) certificates of deposit, as defined in section 2 of the Inland Revenue 
Ordinance (Cap. 112)  (49 of 1995 s. 3) 	
	(c) securities, as defined in the Securities Ordinance (Cap. 333)  	
14.	Where authorization of an advertisement, invitation or document 
relating to any investment arrangements or other matter is given under 
section 4(2)(g) of the Protection of Investors Ordinance (Cap. 335) and is 
limited to a period of less than 12 months, fee payable on application for 
extension of the period of authorization- 	
	(a) other than in the case of an immigration-linked investment scheme as 
provided for in the Code on Immigration-Linked Investment Schemes Intended 
to be Advertised or Offered to the Public, published by the Commission and 
as amended from time to time 	10000
	(b) in the case of an immigration-linked investment scheme as provided for 
in the Code referred to in paragraph (a) 	20000
		
		
		(L.N. 76 of 1993)
15.	Where authorization is sought under section 4(2)(g) of the Protection 
of Investors Ordinance (Cap. 335) for any advertisement, invitation or 
document, and any fee otherwise payable under item 10 or 11 is waived 
under section 11- 	
	(a) fee payable on application	1200
	(b) fee payable in respect of authorization	600
16.	Fee payable where documentation is submitted to the Commission 
requiring its consideration and advice on the application of the 
Protection of Investors Ordinance (Cap. 335) and on the authorization for 
registration of a prospectus under section 38D or 342C of the Companies 
Ordinance (Cap. 32) 	10000
		
		
		
		
		
		(L.N. 173 of 1994)
		Miscellaneous fees 
17.	Fee payable for each inspection of a register that is kept by the 
Commission 	50
18.	Fee payable for a duplicate of a certificate of registration under the 
Securities Ordinance (Cap. 333) or the Commodities Trading Ordinance (Cap. 
250)  	200
19.	Fee payable for certification of a copy of a document as a true copy 	
200
20.	Fee payable for copy of any document for which no fee is otherwise 
specified in this Schedule 	$9 per page
21.	Fee payable on application for the amendment of a certificate of 
registration 	200
22.	Fee payable on application under the Securities Ordinance (Cap. 333)- 	
	(a) for permission under section  87A(2) for a dealer to alter his 
financial year 	2000
	(b) for an extension of time for lodging documents under section 88(2)	2000
23.	Fee payable on an application under section 50(2) of the Commodities 
Trading Ordinance (Cap. 250) for  an extension of time for lodging 
documents 	2000
24	Fee payable on an application- 	
	(a) for a direction under section 29(1) of the Securities and Futures 
Commission Ordinance (Cap. 24) altering the requirements of the Financial 
Resources Rules (Cap. 24 sub. leg.), except where the direction relates to 
making allowance for hedging or arbitrage programmes 	6500
	(b) for renewal of a direction under paragraph (a)	4500
	(c) for a direction under section 29(1) of the Securities and Futures 
Commission Ordinance (Cap. 24) altering the requirements of the Financial 
Resources Rules (Cap. 24 sub. leg.) where allowances are made for hedging 
or arbitrage programmes-	
	(i) where at least one side of the portfolio is lower than $10 million in 
value 	10000
	(ii) in any other case	20000
		(L.N. 173 of 1994)
25.	Fee payable on an application for authorization under section 12(2) of 
the Stock Exchanges Unification Ordinance (Cap. 361) 	2000
26.	Fee payable on application under section 55A of the Securities and 
Futures Commission Ordinance (Cap. 24)- 	
	(a)-(b) (Repealed L.N. 173 of 1994) 	
	(c) for a waiver or modification of the requirements of section 81(1) of 
the Securities Ordinance (Cap. 333) 	6500
	(d) for renewal of a waiver or modification referred to in paragraph (c) 	
4500
	(da) for a waiver or modification of the requirements of section 84 of the 
Securities Ordinance (Cap. 333)  (L.N. 76 of  1993) 	4500
	(db) for a waiver or modification of the requirements of section 46 of the 
Commodities Trading Ordinance (Cap. 250)  (L.N. 76 of 1993) 	4500
	(e) for a waiver or modification of the requirements of any other 
provision specified in section 55A(1) of the Securities and Futures 
Commission Ordinance (Cap. 24)	2000
27.	Fee payable on application, for the purposes of the Financial Resources 
Rules (Cap. 24 sub. leg.)- 	
	(a) to approve the exclusion of a subordinated loan from computations of 
net tangible assets, ranking liabilities, or adjusted liabilities 	7500
	(b) to approve the exclusion of redeemable shares from computations of net 
tangible assets, ranking liabilities, or adjusted liabilities 	7500
	(c) to approve the repayment of a subordinated loan which has been 
excluded from computations of net tangible assets, ranking liabilities, or 
adjusted liabilities 	6500
	(d) to approve the redemption of redeemable shares which have been 
excluded from computations of net tangible assets, ranking liabilities, or 
adjusted liabilities	6500
	(e) for a dealer registered under the Securities Ordinance (Cap. 333) or 
the Commodities Trading Ordinance (Cap. 250) to be treated as a securities 
introducing broker or a futures introducing broker 	4900
		
		
		
		(L.N. 173 of 1994)
27A.	(Repealed L.N. 173 of 1994)	
28.	Fees payable on an application for authorization for registration of a 
prospectus under the Companies Ordinance (Cap. 32)- 	
	(a) rights issue prospectus	15000
	(b) Eurobond issue prospectus	15000
	(c) warrant issue prospectus	10000
	(d) prospectus relating to the shares or debentures of a company, the 
acquisition of which would confer upon a person acquiring such shares or 
debentures, similar immigration benefits to those which would be acquired 
by a person investing in an immigration-linked investment scheme of the 
type referred to in item 10(a) 	50000
	(e) prospectus of the type referred to in paragraph (d) which has 
previously been authorized 	20000
	(f) mutual fund prospectus	Nil
	(g) any prospectus, not referred to in paragraphs (a) to (f), offering to 
the public for subscription or purchase for cash or other consideration, 
or calculated to invite offers by the public to subscribe for or purchase 
for cash or other consideration, any shares or debentures of a company 
that have been approved by  the Stock  Exchange Company for listing on the 
Unified Exchange	30000
	(h) any other prospectus	30000
		(L.N. 16 of 1993)
29.	Fee payable on application under section 2A of the Securities 
(Disclosure of Interests) Ordinance (Cap. 396) for exemption from all or 
any of the provisions of that Ordinance  (L.N. 76 of 1993) 	24000
		
		
		
		(L.N. 76 of 1993; L.N. 173 of 1994)






SECURITIES AND FUTURES COMMISSION (FEES) RULES - SCHEDULE 2
(Repealed 5 of 2002 s. 406) VerDate:01/04/2003







SECURITIES AND FUTURES COMMISSION (FEES) RULES - SCHEDULE 2
FEES RELATING TO OFFER DOCUMENTS, CIRCULARS AND  WAIVERS OF RULE 26 OF THE TAKEOVERS CODE VerDate:09/04/1998



[sections 6 & 6A]

Value of offer	Fee
	$
Not exceeding $75000000	25000
Exceeding $75000000 but not exceeding $125000000	75000
Exceeding $125000000 but not exceeding $300000000	150000
Exceeding $300000000 but not exceeding $600000000	250000
Exceeding $600000000 but not exceeding $1200000000	350000
Exceeding $1200000000	$500000 plus 0.01% of value over $2000000000
(L.N. 76 of 1993; L.N. 430 of 1997; L.N. 471 of 1997; L.N. 166 of 1998; 
L.N. 207 of 1998)



SECURITIES AND FUTURES COMMISSION (FEES) RULES - SCHEDULE 2
FEES RELATING TO OFFER DOCUMENTS, CIRCULARS AND  WAIVERS OF RULE 26 OF THE TAKEOVERS CODE VerDate:17/10/1997



[sections 6 & 6A]

Value of offer	Fee
	$
Not exceeding $75000000	25000
Exceeding $75000000 but not exceeding $125000000	75000
Exceeding $125000000 but not exceeding $300000000	150000
Exceeding $300000000 but not exceeding $600000000	250000
Exceeding $600000000 but not exceeding $1200000000	350000
Exceeding $1200000000	$500000 plus 0.01% of value over $2000000000 
	
	(L.N. 76 of 1993; L.N. 430 of 1997; L.N. 471 of 1997)




SECURITIES AND FUTURES COMMISSION (FEES) RULES - SCHEDULE 2
FEES RELATING TO OFFER DOCUMENTS, CIRCULARS AND  CERTAIN WAIVERS OF RULE 26 OF THE TAKEOVERS CODE VerDate:16/09/1997



[sections 6 & 6A]

Value of offer	Fee
	$
Not exceeding $75000000	40000
Exceeding $75000000 but not exceeding $125000000	100000
Exceeding $125000000 but not exceeding $300000000	175000
Exceeding $300000000 but not exceeding $600000000	275000
Exceeding $600000000 but not exceeding $1200000000	375000
Exceeding $1200000000	$500000 plus 0.01% of value over$2000000000 
	(L.N. 430 of 1997)

 



SECURITIES AND FUTURES COMMISSION (FEES) RULES - SCHEDULE 2
FEES RELATING TO OFFER DOCUMENTS, CIRCULARS  AND WAIVERS OF RULE 26 OF THE TAKEOVERS CODE   VerDate:30/06/1997



SCHEDULE 2	[sections 6 & 6A]

Value of offer	Fee
	$
Not exceeding $75000000	25000
Exceeding $75000000 but not exceeding $125000000	75000
Exceeding $125000000 but not exceeding $300000000	150000
Exceeding $300000000 but not exceeding $600000000	250000
Exceeding $600000000 but not exceeding $1200000000	350000
Exceeding $1200000000	500000$ plus 0.01% of value over$2000000000 
	(L.N. 76 of 1993)