Regulatory fee payment procedure: sponsors and depositories use demand drafts; participants pay depository which forwards fees.

Sponsors and depositories must remit application, registration, annual charge and annual fees by demand draft or bankers cheque payable to the regulatory Board at the prescribed location. Participants pay fees to their depository, which is required to forward collected participant fees to the Board by a demand draft or bankers cheque payable to the Board at the prescribed location. The schedule notes that the term "annual charge" was inserted by a subsequent amendment.

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