Medicines and Related Substances Act, 1965
R 385
Banks Act, 1990 (Act No. 94 of 1990)RegulationsRegulations relating to BanksChapter V : Prescribed Fees58. Fees payable |
Subject to the provisions of section 86(4) of the Act, the fees, inclusive of valued-added tax (VAT), specified in table 1 below, shall be payable in respect of the relevant specified matter.
TABLE 1
|
|
FEE EXCLUDING VAT |
VAT |
FEE INCLUDING VAT |
||
|
1 |
Lodging of a review in terms of section 9(1) of the Act |
12,000.00 |
1,800.00 |
13,800.00 |
|
|
2 |
Application for authorisation as an eligible institution |
18,000.00 |
2,700.00 |
20,700.00 |
|
|
3 |
Application for authorisation to establish a bank |
18,000.00 |
2,700.00 |
20,700.00 |
|
|
4 |
Application for authorisation to establish a branch |
18,000.00 |
2,700.00 |
20,700.00 |
|
|
5 |
Application for authorisation to establish a controlling company in respect of a bank |
18,000.00 |
2,700.00 |
20,700.00 |
|
|
6 |
Application for authorisation to establish a representative office |
6,000.00 |
900.00 |
6,900.00 |
|
|
7 |
Application in terms of section 52 of the Act |
6,000.00 |
900.00 |
6,900.00 |
|
|
8 |
Registration as a bank |
6,000.00 |
900.00 |
6,900.00 |
|
|
9 |
Registration as a branch |
6,000.00 |
900.00 |
6,900.00 |
|
|
10 |
Registration as a controlling company in respect of a bank |
6,000.00 |
900.00 |
6,900.00 |
|
|
11 |
Registration of a bank created by the amalgamation of two or more banks |
40,000.00 |
6,000.00 |
46,000.00 |
|
|
12 |
Registration or alteration of memorandum of association or articles of association of bank or controlling company |
4,800.00 |
720.00 |
5,520.00 |
|
|
13 |
Registration of change of name of bank |
4,800.00 |
720.00 |
5,520.00 |
|
|
14 |
Certification of any document required to be certified by the Authority and in respect of which document no other fee is payable |
600.00 |
90.00 |
69000 |
|
|
15 |
Inspection in terms of section 86(1)(a) of the Act of any document referred to in that section |
1,200.00 |
180.00 |
1,380.00 |
|
|
16 |
Certificate from the Authority as to the contents or any part of the contents of any document specified in section 86(2) of the Act |
2,400.00 |
360.00 |
2,760.00 |
|
|
17 |
Copy of or extract from any document specified in section 86(2) of the Act, if prepared by the Authority, per sheet or part thereof: |
|
|
|
|
|
|
Photocopied |
12.00 |
1.80 |
13.80 |
|
|
|
Computer printout |
24.00 |
3.60 |
27.60 |
|
|
|
Double-spaced typewritten |
240.00 |
36.00 |
276.00 |
|
|
18 |
Examination of a document not prepared by the Authority and certification thereof as a true copy of a document in the custody of the Authority, per sheet or part thereof |
1,200.00 |
180.00 |
1,380.00 |
|
|
19 |
Certified copy of a certificate of— |
|
|
|
|
|
|
(a) |
registration as a bank; |
240.00 |
36.00 |
276.00 |
|
|
(b) |
alteration of memorandum of association or articles of association of a bank; |
240.00 |
36.00 |
276.00 |
|
|
(c) |
change of name of a bank; |
240.00 |
36.00 |
276.00 |
|
|
(d) |
registration as a controlling company; |
240.00 |
36.00 |
276.00 |
|
|
(e) |
alteration of memorandum of association of a controlling company; |
240.00 |
36.00 |
276.00 |
|
|
(f) |
registration as a branch; |
240.00 |
36.00 |
276.00 |
|
|
(g) |
registration as a representative office |
240.00 |
36.00 |
276.00 |
|
20 |
Searching by Authority for documents for purposes of items 14, 15 or 16; |
|
|
|
|
|
|
Minimum fee for first hour |
600.00 |
90.00 |
690.00 |
|
|
|
Thereafter per hour or part thereof |
1 200.00 |
180.00 |
1,380.00 |
|
|
21 |
Copy of or extract from any circular previously issued by the Authority, per sheet or part thereof: |
|
|
|
|
|
|
Photocopied |
12.00 |
1,80 |
13.80 |
|
|
|
Computer printout |
24.00 |
3,60 |
27.60 |
|
|
|
Double-spaced typewritten |
240.00 |
36,00 |
276.00 |
|
|
22 |
Searching by Authority for documents for purposes of item 21: |
|
|
|
|
|
|
Minimum fee for first hour |
600.00 |
90,00 |
690.00 |
|
|
|
Thereafter per hour or part thereof |
1,200.00 |
180,00 |
1,380.00 |
|
|
23 |
Copy of or extract from the list of controlling companies, banks, mutual banks, local bank branches of foreign banks and foreign banks with approved local representative offices, registered in the Republic, per sheet or part thereof: |
|
|
|
|
|
|
Mailed |
60.00 |
9.00 |
69.00 |
|
|
|
Facsimile transmission |
80.00 |
12.00 |
92.00 |
|
[Table 1 substituted by section 14 of Notice No. 724, GG44003, dated 18 December 2020 - effective 1 January 2021]
