Charge filing fee structure updated; delayed filings now attract escalated multipliers and ad valorem surcharges. The amendment inserts a new provision prescribing staged additional-fee multipliers for delayed filing of charge documents, distinguishing charges created before and on/after 2 November 2018. It establishes a transitional uniform schedule of additional or ad valorem fees up to a cut-off date, and a revised schedule effective thereafter that differentiates Small Companies/One Person Companies from other companies by imposing higher multipliers and an additional ad valorem surcharge for longer delays, subject to prescribed maxima.
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Charge filing fee structure updated; delayed filings now attract escalated multipliers and ad valorem surcharges.
The amendment inserts a new provision prescribing staged additional-fee multipliers for delayed filing of charge documents, distinguishing charges created before and on/after 2 November 2018. It establishes a transitional uniform schedule of additional or ad valorem fees up to a cut-off date, and a revised schedule effective thereafter that differentiates Small Companies/One Person Companies from other companies by imposing higher multipliers and an additional ad valorem surcharge for longer delays, subject to prescribed maxima.
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