S.L. 487.3 Art. 3Payment of registration, enrolment and permit fees.

(1) Subject to the provisions of sub-regulations (2) and (3), any person applying for registration in the Agents Register, Managers

Register or Brokers Register, or enrolment in the Agents List,

Managers List or Brokers List, the Tied Insurance Intermediaries List or the Ancillary Insurance Intermediaries List, or restoration of a name to the Agents Register, Managers Register or Brokers Register or the Agents List, Managers List or Brokers List, or registration of an underwriting agreement, or a permit of a kind, in each case, specified in the first column of Part I of the Schedule, shall, upon submission of the application, irrespective of whether the application is eventually accepted or not, pay to the competent authority the fee relating to the kind of registration, or enrolment, or restoration or permit to which the application relates as specified in the Second Column of Part I of the Schedule.

(2) Where at the time of submitting an application a person is enrolled in the Agents List or Managers List and is applying in relation to an appointment, the applicant pay to the competent authority upon submission of the application, irrespective of whether the application is eventually accepted or not, the fee relating to the kind of appointment to which the application relates as specified in the Second Column of Part I of the Schedule.

(3) Where a restoration of a name to the Agents Register, Managers Register or Brokers Register or the Agents List, Managers List or Brokers List, is made by order of the Tribunal, the fee payable in respect of that restoration shall not apply.