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Are application fees and approval fees payable for the appointment of a director or senior officer of an investment business licensee?

 
Are application fees and approval fees payable for the appointment of a director or senior officer of an investment business licensee?

With effect from January 1, 2011, the application fee for the appointment of a director or senior officer of an investment business licensee is $150 and the approval fee for the appointment of a director or senior officer of an investment business licensee is $250.