1964_BANKING_ORDINANCE — Page 110

1987 Ed.]

Banking

SECOND SCHEDULE

FEES

[CAP. 155

109

[ss. 19, 23, 26, 27, 45, 48, 51, 109, 135(2) & 144.]

$

1. Annual banking licence fee for bank, other than an unincorporated bank (section 19(1))

2. Registration fee (section 23(1))

3. Renewal of registration fee (section 23())

4. Deposit-taking licence fee (section 26(1))

5. Renewal of deposit-taking licence fee (section 26(2))

6. Inspection fee (section 27(3))

360,000

50,000

50,000

170,000

170,000

10

7. Fee for a copy or extract, per page (section 27(3))

$

8. Fee for the establishment of a local branch of a bank (section 45(1))

9. Annual fee for maintaining a local branch of a bank (section 45(1) and (2))

17,000

17,000

10. Fee for the establishment of a local branch of a deposit-taking company (section 45(1))

8,500

11. Annual fee for maintaining a local branch of a deposit-taking company (section 45(1) and (2))

8,500

12. Fee for the establishment of a local representative office (section 48(1))

17,000

13. Annual fee for maintaining a local representative office (section 48(1), (2) and (3))

17,000

14. Fee for the establishment of an overseas branch of a bank (section 51(1))

34,000

15. Annual fee for maintaining an overseas branch of a bank (section 51(1) and (2))

34,000

16. Fee for the establishment of an overseas branch of a deposit-taking company (section 51(1))

17,000

17. Annual fee for maintaining an overseas branch of a deposit-taking company (section 51(1) and (2))

17,000

18. Fee for the establishment of an overseas representative office of a bank (section 51(1))

8,500

19. Annual fee for maintaining an overseas representative office of a bank (section 51(1) and (2))

8,500

20. Fee for the establishment of an overseas representative office of a deposit-taking company (section 51(1))

8,500

21. Annual fee for maintaining an overseas representative office of a deposit-taking company (section 51(1) and (2))

8,500

22. Annual banking licence fee for unincorporated bank (section 109)

5,000

43/9015

1. In this Schedule--

THIRD SCHEDULE

For new Third Schedule-sa (N412/89)

CAPITAL ADEQUACY RATIO

[ss. 98 & 135(3).]

"book value" in relation to any thing referred to in this Schedule means its current book value, after deducting any provision made in the books against a reduction in its value;

Page 111