S.L. 345.28 Art. 8BFees in relation to sponsors. 

(1) A person that intends to act as a sponsor in Malta, or hold itself out to act as such shall, upon submission of an application to the competent authority for registration in accordance with article 12B of the Act, pay to the competent authority an application fee as established in the Fifth Schedule.

(2) A person registered as a sponsor in accordance with article 12B of the Act shall, subject to the provisions of sub-regulation (4), pay to the competent authority an annual supervisory fee which shall be the aggregate of the following:

(a) the fixed annual supervisory fee established in the Fifth Schedule; and

(b) where applicable, the variable annual supervisory fee for every application for the admissibility to listing of securities on a local regulated market submitted to the competent authority, in relation to which a sponsor was appointed to provide his services as such during the preceding calendar year:

Provided that the variable annual supervisory fee shall not exceed the maximum annual supervisory fee established in the Fifth Schedule.

(3) Notwithstanding the provisions of sub-regulation (2), the first annual supervisory fee due to the competent authority shall be the fixed annual supervisory fee established in the Fifth Schedule prorated according to the period remaining between the date when the sponsor was registered under the Act and the date when the next annual supervisory fee is due in accordance with sub-regulation (4).