S.L. 233.10 Art. 13Fee for services rendered.

The appointed registration agent shall be entitled to recover a fee for services rendered to effect registration. Such fee shall be deducted and retained from the registration fee paid in respect of the issue of the Registration Certificate. Such fee shall be equivalent to 5% of the registration fee, provided that it shall not be less than Lm10 or more than Lm175 per application registered. No service fee in respect of the registration of assets referred to in regulations 6(a) and 6(b) shall be charged by an appointed registration agent which is a credit institution with whom the relative special deposits are placed.