S.L. 345.5 Art. 5Fees payable by persons authorised both to act as a regulated market and to provide the service of a central securities depository and by applicants for such authorisations.

The fees payable by a person wishing to apply and retain authorizations both as a regulated market and to provide the services of a central securities depository shall be as follows:

(a) €12,000 upon submission of an application for both authorisations, irrespective of whether the authorisations are eventually issued or not;

(b) €30,000 as an annual supervisory fee, due on the 1st January of each year by each person authorised both as a regulated market and to provide the service of a central securities depository, if it is to remain a regulated market and to provide the services of a

*These regulations have been repealed by Legal Notice 367 of 2024. central securities depository.