Pension Funds Act, 1956 (Act No 24 of 1956)

FEES

PAYABLE

R

(a)

For an application for the registration and registration of a pension fund in terms of section 4 of the Act (regulation 8(1)(v))

1 230,00

(b)

For an application for the registration of special rules under an umbrella fund in terms of section 4 of the Act (regulation 8(1)(v))

405,00

(c)

For an amalgamation or transfer in terms of section 14 of the Act [regulation 24(c)]

(i)

Single Transfer

- Per individual member transferred

210,00

- With a maximum per transfer of

1 020,00

- Transfer in respect of "agterskot"

1 020,00

(ii)

Multiple transfer

4 100,00

(iii)

In the case where the transferor fund is an Umbrella Fund:

Single Transfer

- Per individual member transferred

210,00

- With a maximum per participating employer transferred of

1 020,00

Multiple transfer

- Multiple transfer per participating employer transferred of

4 100,00

(d)

For the alteration of rescission of or an addition to the rules of a fund:

- Per resolution [regulation 24(a)(iv)]

415,00

- Per resolution to amend special rules of an umbrella fund

415,00

(e)

For the inspection of one or more of the documents referred to in section 35 of the Act relating to a specific fund [regulation 25]

30,00

(f)

For a photostatic copy made by the Registrar of any document or register, per A4 page or part thereof

3,60

(g)

For a double-spaced typewritten copy or an extract of or from any document or register made by the Registrar, per A4 page or part thereof

17,70

(h)

For the authentication by the Registrar of a copy made or an extract taken as contemplated in item (f) or (g) above, per A4 page or part thereof

12,10

(i)

For certifying or confirming that a fund is registered under subsection (3) or (4) of section 4 of the Act, or that its name has been changed or its rules amended [except for the purposes of item (d)]

35,20

(j)

For a search fee per fund for services rendered in respect of item (e), (f) or (g) above

12,10

(k)

For the perusal of documents for the purposes of item (h) above, per A4 page or part thereof

12,10

(l)

For a list of names and addresses of Funds in an electronic format

(i)

For privately administered funds

390,00

(ii)

For funds exempted in terms of section 2(3)(a) of the Act

1 930,00

(m)

For an application for approval in terms of section 13B(1) of the Act

(i)

To act as benefit administrator

4 110,00

(ii)

To act as an investment administrator approved as an administrative or discretionary financial services provider in terms of the FAIS Act

690,00

(n)

For services rendered by the Registrar in case of the consolidation or revision of the rules of a registered fund in terms of section 12(5) of the Act or a scheme to change the funding basis of a fund

- Per consolidation/conversion

1 235,00

- Per revision

1 210,00

(o)

For a customised printer report of information from the Registrar's database:

Per entry contained on the printer report

1,20

Minimum cost per customised report

180,00

(p)

For services rendered by the Registrar in case of liquidation of a fund in terms of section 28 of the Act, whether the liquidation has been completed or not a fee of 20% of the liquidation fee with a minimum of

690,00

but not more than

6 770,00

(q)

For an application for approval of a nominee company in terms of section 5(2) of the Act

4 515,00

(r)

For an application for approval of the apportionment of surpluses to stakeholders in terms of section 15B, 15F and 15K of the Act:

(i)

Professional fee per senior official per hour or part thereof

1 020,00

(ii)

With a minimum fee per application of (or such lesser fee as agreed to by the registrar)

12 815,00

(s)

Transfer in terms of section 15E

1 020,00