FRIDAY, NOVEMBER 20, 1992
11
FEES REVISED FOR AUTHORISED INSURERS
THE REVISED SCALE OF FEES PAYABLE BY AUTHORISED INSURERS UPON AUTHORISATION AND ANNUALLY THEREAFTER WAS GAZETTED TODAY (FRIDAY).
A GOVERNMENT SPOKESMAN SAID THE INSURANCE COMPANIES (AUTHORISATION AND ANNUAL FEE) REGULATION PRESCRIBING THE FEES BECAME EFFECTIVE TODAY.
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"UNDER THE REGULATION, SEPARATE FEES WILL BECOME PAYABLE BY INSURERS ACCORDING TO THEIR CLASS OR CLASSES OF INSURANCE BUSINESS, HE SAID.
THE AUTHORISATION FEE AND ANNUAL FEE PAYABLE BY AN INSURER CARRYING ON EITHER LONG-TERM OR GENERAL INSURANCE BUSINESS IS $50,000.
THE FEE FOR AN INSURER CARRYING ON BOTH FORMS OF BUSINESS IS
$100,000.
THE FEES WERE LAST REVISED IN JUNE 1989.
"IT IS APPROPRIATE THAT THE ANNUAL FEES SHOULD BE ADJUSTED TO REFLECT THE INCREASED COSTS OF SUPERVISION BY THE OFFICE OF THE COMMISSIONER OF INSURANCE, THE SPOKESMAN SAID.
NEW FEES FOR UK PASSPORTS
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THE IMMIGRATION DEPARTMENT ANNOUNCED TODAY (FRIDAY) THAT AS ADVISED BY THE FOREIGN AND COMMONWEALTH OFFICE, FEES FOR UNITED KINGDOM PASSPORTS INCLUDING BRITISH NATIONAL (OVERSEAS) PASSPORTS, AND RELATED SERVICES WILL BE REVISED FROM SUNDAY (NOVEMBER 22).
THE NEW FEES WILL BE:
TYPES OF APPLICATION
POUND STERLING
HK$
* UNITED KINGDOM PASSPORT OF NOT
MORE THAN 32 PAGES
18 (15)
$214 ($198)
* BRITISH NATIONAL (OVERSEAS) PASSPORT
OF NOT MORE THAN 32 PAGES
18 (15)
$214 ($198)
* UNITED KINGDOM PASSPORT OF 48 PAGES
27 (22.5)
* BRITISH NATIONAL (OVERSEAS) PASSPORT
OF 48 PAGES
27 (22.5)
$321 ($297)
$321 ($297)
* AN AMENDMENT OF AN EXISTING UNITED
KINGDOM/BRITISH NATIONAL (OVERSEAS) PASSPORT BY ADDING THE PARTICULARS OF A CHILD OR CHILDREN
5 (4)
$59 ($53)
/* AN AMENDMENT