PAYMENT OF FEES

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.... regulation 7 shall pay a registration fee of ^1[US$10,000]. ^2[(2) A registered foreign institutional investor shall pay a fee of US $ 10,000 for every block of three years after grant of registration during which the registration subsists. (2A) The fee mentioned in paragraph (2) shall be paid at least one month before expiry of the period of three years.] ^3[(2B) In case of a foreign in....

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.... (2E) A foreign institutional investor shall collect and pay the fees payable by all its sub-accounts within the period mentioned in paragraph (2A).] ^4[(3) The registration fee specified above shall be payable by the applicant by a draft in favour of "Securities and Exchange Board of India" or by any appropriate mode or instrument as may be specified by the Board.]     &nbsp....

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....hall be payable at the time of initial application for registration as well as at the time of each renewal, and fees paid in respect of each renewal shall be paid within 15 days of intimation by the Board." 3. Inserted by the SEBI (Foreign Institutional Investors) (Amendment) Regulations, 2008, w.e.f.22-5-2008. 4. Substituted by the SEBI (Foreign Institutional Investors) (Amendment) Regulati....