SUP 20 Annex 3 Transaction reporting fees and Article 54 RAO certificate fees for the period from 1 April 2005 to 31 March 20063

Part 1

This table shows the fees payable for transaction reporting.

Transaction charge

Number of transactions per annum

Fee per transaction (inc. VAT)

First working day of each month

For the first 1,000

0p

1,001 - 1,000,000

3p

1,000,001 - 4,000,000

2.75p

4,000,001 - 8,000,000

2.5p

8,000,001 - 13,000,000

2.25p

13,000,001 - 20,000,000

2p

>20,000,000

1.75p

(1)

Firms using the Direct Reporting System software or the Transaction Reporting System4 will be additionally invoiced for:

(a)

an initial software licence fee of £587.50 (including VAT) for users of the Direct Reporting System;4

(b)

an annual enrolment fee of £235 (including VAT) per licence held on 1 April each year for users of the Direct Reporting System and the Transaction Reporting System; and4

(c)4

an annual enrolment fee of £235 (including VAT) per registration held on 1 April each year for users of the Transaction Reporting System.

(2)

applicable methods of payment of these fees are listed at SUP 20.2.7A R.

Part 2

The periodic fee payable under SUP 20.6.1 R for a certificate issued under Article 54 of the Regulated Activities Order is £1,000.