Financial Services Board Act, 1990 (Act No. 97 of 1990)NoticesLevies for Financial Institutions, 202013. Levy on collective investment schemes in participation bonds |
| (1) | The levy, in respect of a manager administering a collective investment scheme in participation bonds referred to in Part VI of the Collective Investment Schemes Control Act, consists of: |
| (a) | a base amount of R12 337; |
| (b) | an amount of R1 911 in respect of each scheme; and |
| (c) | 0.0000457% of the aggregate amount owing by mortgagors on 31 December 2019. |
| (2) | The levy referred to in subparagraph (1) is calculated for four quarters and must be paid not later than 30 September of the levy year. |