The following fees must be paid by the persons to the registrar, at the times and with respect to the matters indicated in the sub-paragraphs below:
| (a) |
On lodging of an application under section 5(1) of the Act for registration as a credit rating agency, payable by the applicant concerned, a fee of R300 000; |
| (b) |
On lodging of an application under section 5(3) of the Act for exemption by an applicant whose holding company is registered, authorised or approved by a foreign regulatory authority as a credit rating agency, payable by the applicant concerned, a fee of R15 000; |
| (c) |
On lodging of an application under section 27(1) of the Act for exemption from provisions of the Act, payable by the applicant concerned, a fee of R15 000; |
| (d) |
On lodging of an application for a withdrawal or an amendment of a condition of registration of a registered credit rating agency, payable by the applicant concerned, a fee of R15 000; |
| (e) |
On lodging of an application to update any of the registration details of a registered credit rating agency, payable by the applicant concerned, a fee of R15 000; |
| (f) |
On lodging of an application for the registration of a change of name of a registered credit rating agency, payable by the applicant concerned, a fee of R1 000; |
| (g) |
On lodging of an application for the amendment of the terms and conditions of registration of a registered credit rating agency, payable by the applicant concerned, a fee of R1 000 per amendment; |
| (h) |
On lodging of an application for the approval of a compliance unit, payable by the applicant concerned, a fee of R5 000; |
| (i) |
On making a request for a certified copy of a certificate of registration of a credit rating agency, payable by the applicant concerned, a fee of R1 000; and |
| (j) |
On making a request for a certified copy of a document of evidential of the matters referred to in paragraphs (f), (g) and (h) above, payable by the applicant concerned, a fee of R1 000. |
Basic Conditions of Employment Act, 1997
