S.L. 370.52 Art. 14Fees in relation to European UCITS. S.L. 370.18. 

(1) A European UCITS that intends to market its units in Malta in accordance with regulation 8 of the Investment

Services Act (Marketing of UCITS) Regulations shall, upon being notified by the European regulatory authority of its home Member State in accordance with Article 93(3) of the UCITS Directive as transposed in national law, pay the competent authority a notification fee as established in the First Schedule, as applicable, which shall be the aggregate of the following:

(a) the scheme notification fee established in the First Schedule, as applicable; and

(b) where applicable, the sub-fund notification fee established in the First Schedule, as applicable, with respect to every sub-fund of such European UCITS.

(2) A European UCITS that markets its units in Malta in accordance with regulation 8 of the Investment Services Act

(Marketing of UCITS) Regulations shall, subject to the provisions of sub-regulation (3), pay to the competent authority an annual supervisory fee as established in the Second Schedule, as applicable, which shall be the aggregate of the following:

(a) the scheme supervisory fee established in the Second Schedule, as applicable; and

(b) where applicable, the sub-fund supervisory fee established in the Second Schedule, as applicable, with respect to every sub-fund of such European UCITS.

(3) The first annual supervisory fee due in accordance with sub-regulation (2) shall be paid to the competent authority on the date when the European UCITS can access the Maltese market in accordance with the regulation 8(4) of the Investment Services Act

(UCITS Management Company Passport) Regulations and annually thereafter on the date when such European UCITS was able to access the Maltese market in accordance with the said provision.