Companies Act, 2008 (Act No. 71 of 2008)RegulationsCompanies Regulations, 2011AnnexuresAnnexure 2Table CR 2A - Panel Fee Schedule (in terms of Regulations 122, 155, 170 and 171) |
| (1) | The fees chargeable (inclusive of VAT) for the several categories of service rendered by the Panel, and referred to in regulation 122 (1) are as follows: |
| (a) | No fees will be charged for services under regulation 122 (1)(a). |
| (b) | Services under regulation 122 (1)(b) will be charged at the rate of Rl 710 per billable hour of work or part thereof. |
| (c) | Services under regulation 122 (1)(c) will be charged at the rate of R3 420 per billable hour of work or part thereof. |
| (d) | Services under regulation 122 (1)(d), including a circular dealing with a waiver, payable upon first submission of documentation for which a VAT invoice will be issued by the Panel, will depend on the value of the offer, being the consideration payable for acquiring, merging or amalgamating the securities or assets/undertaking of each/all offeree regulated company/ies involved, and will be charged according to the scale set out below: |
Consideration value of affected transaction (R million) |
Fee including VAT (R) |
|
Up to 50 |
57 000 |
|
Over 50 to 100 |
85 500 |
|
Over 100 to 250 |
114 000 |
|
Over 250 to 500 |
142 500 |
|
Over 500 to 1000 |
171 000 |
|
Over 1 000 to 10 000 |
228 000 |
|
Over 10 000 |
285 000 |
| (2) | Fees to be levied by the Panel in terms of regulation 171 will be as published from time to time in the Gazette. |