Annual service fee requirement for mutual funds: timely payment required; regulator may allow short deferred payment on showing cause. A mutual fund must pay an annual service fee for every financial year from the year following registration as specified in the Second Schedule, ordinarily ... Summary
Annual service fee requirement for mutual funds: timely payment required; regulator may allow short deferred payment on showing cause.
A mutual fund must pay an annual service fee for every financial year from the year following registration as specified in the Second Schedule, ordinarily before 15 April; the regulator may permit delayed payment for up to two months after the commencement of the relevant financial year where reasons are satisfactory.
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