Hong Kong Regulations

SECURITIES AND FUTURES (FEES) RULES - SECT 8

Fees for miscellaneous applications

(1) Subject to subsection (2), where any person applies to the Executive for
any ruling under the Takeovers Code or the Share Repurchase  Code and no fee
is otherwise provided for by these Rules for the application, a fee of $24000
shall be payable by the person to the Commission.

(2) Where a fee has been paid under section 5 on the submission of a first
draft of a whitewash document, or of a draft in which a first draft of a
whitewash document is combined with any first draft of any other document, no
fee shall be payable under subsection (1) for an application to the Executive
for a waiver in relation to the whitewash  document under Note 1 on
dispensations from Rule 26 of the Takeovers Code.