Regulatory fees revised for securities filings with new tiered structures and reduced minimum charges taking effect immediately. The amendment revises payment obligations and substitutes new tiered fee schedules across buy-back, merchant banker public and rights issues, takeovers, mutual funds, custodians and venture capital funds, effective April 1, 2008; it mandates payment of the revised fees at the time of submission of offer documents or draft letters of offer, prescribes banker's cheque or demand draft for certain filings, and adjusts percentage rates, minima, maxima and flat caps in the relevant Schedules.