XN000022-1993-06-04 — Page 7

FRIDAY, JUNE 4, 1993

TRADE DEPARTMENT REVISES LICENSING FEES

APPLICATION FEES

FOR

TRADE CERTAIN

THE

1993

LICENCES, CERTIFICATES, RELATED DOCUMENTS AND SERVICES WILL BE REVISED FROM JUNE 15 UNDER

(NO. IMPORT

EXPORT (FEES)

2) REGULATION AND GAZETTED TODAY (FRIDAY).

(AMENDMENT)

BE

EXPORTERS IN PARALLEL, ANNUAL SUBSCRIPTION FEES FOR NOTICES TO

BY THE TRADE DEPARTMENT WILL ALSO AND OTHER CIRCULARS ISSUED REVISED.

"IN LINE WITH THE RECOMMENDATION BY FINANCE BRANCH, FEES AND

WILL BE ON CURRENT

CHARGES CENT INCREASE SPOKESMAN FOR THE TRADE DEPARTMENT SAID.

A 10 PER APPLIED,"

A

HAVE BEEN ROUNDED "IN CERTAIN CASES, THE PROPOSED FEE LEVELS

FOR HARMONISATION WITH STAMP COLLECTION OR UP FOR CONVENIENCE OF

HE SAID. DENOMINATION AS SOME FEES ARE PAID BY AFFIXING STAMPS,

THE

PERCENTAGE

IS BASED

ON

THE

GOVERNMENT

CONSUMPTION

EXPENDITURE DEFLATOR WHICH HAS BEEN WORKED OUT TO BE 10 PER CENT

THIS

YEAR.

"STARTING

FROM THIS

YEAR,

THE

GOVERNMENT

WILL

APPLY

AN

FULL

ESCALATING FACTOR TO THE FEES AND CHARGES FOR THOSE YEARS WHEN A

THE SPOKESMAN EXPLAINED. COSTING EXERCISE IS NOT CARRIED OUT,

中中

A

EXCEPT FOR MOST OF THE NEW FEES WILL TAKE EFFECT FROM JUNE 15, CERTAIN CERTIFICATES AND REGISTRATION FEES WHICH WILL BE REVISED AT LATER STAGE.

"THE TEXTILES ADVISORY BOARD AND THE TRADE ADVISORY BOARD EXPRESSED THEIR SUPPORT, BEEN CONSULTED RESPECTIVELY AND HAVE SPOKESMAN SAID.

HAVE

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THE

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