Cap 571AF s 9 Time for payment of fees (SECURITIES AND FUTURES (FEES) RULES; SECURITIES AND FUTURES ORDINANCE)

Contents of Section

Chapter:	571AF	Title:	SECURITIES AND FUTURES (FEES) RULES	Gazette Number:	L.N. 228 of 2002; L.N. 12 of 2003
Section:	9	Heading:	Time for payment of fees	Version Date:	01/04/2003

(1) The fee prescribed in section 5 shall be payable-

(a) in the case of a fee payable under section 5(1), at the time when-

(i) subject to subparagraph (ii), the first draft concerned; or

(ii) where section 5(6)(a) applies, the draft concerned,

is submitted to the Executive; or

(b) in the case of a fee payable under section 5(3), at the time when-

(i) subject to subparagraph (ii), the revised offer document concerned; or

(ii) where section 5(6)(b)(ii) applies, the draft concerned (being the draft as revised to include the revised offer as described in that section 5(6)(b)(ii)),

is submitted to the Executive.

(2) The fee prescribed in section 6(a) shall be payable at the time when the application concerned is made to the Takeovers Panel or the Takeovers Appeal Committee (as the case may be).
(3) The fee prescribed in section 8(1) shall be payable at the time when the application concerned is made to the Executive.