Schedule - 02 - Fees - Securities and Exchange Board of India (Investment Advisers) Regulations 2013

1 [SECOND SCHEDULE Securities and Exchange Board of India(Investment Advisers) Regulations, 2013 [Regulation 9] FEES 1. Every applicant shall pay non-refundable application fees along with the application for grant 2 [***] of certificate of registration as under: a. 6 [ For individuals and firms: ₹ 2,000 ] b. 7 [ For body Corporate including Limited Liability Partnerships: ₹ 10,000 ] 8 [ 2. Every applicant shall pay registration fee at the time of grant of certificate by the Board as under: a. For individuals and firms: ₹ 3,000 b. For body Corporate including Limited Liability Partnerships: ₹ 15,000 ] 3. 4 [An investment adviser who has been granted a certificate of registration, to keep its registration in force, shall pay fee 9 [ specified below, ] every five years , from the date of grant of certificate of registration or from the date of grant of certificate of registration granted prior to the commencement of the Securities and Exchange Board of India (Change in Conditions of Registration of Certain Intermediaries) (Amendment) Regulations, 2016, as the case may be, within three months before expiry of the period for which fee has been paid 10 [ : ] ] 11 [ (a) for individuals and firms: ₹ 1,000 (b) for Body Corporate including Limited Liability Partnerships: ₹ 5,000 ] 5 [ 12 [ 4. The fee referred to in paragraph 2 shall be paid by the applicant within fifteen days from the date of receipt of intimation from the Board by way of direct credit into the bank account through NEFT/RTGS/IMPS or online payment using the SEBI Payment Gateway or any other mode as may be specified by the Board from time to time. ]] *********** NOTES:- 1 Substituted by the SEBI (Payment of Fees) (Amendment) Regulations, 2014, w.e.f 23.05.2014. Prior to its substitution, the Second Schedule read as under: 1. Every applicant shall pay non-refundable application fees of five thousand rupees along with the application for grant or renewal of certificate of registration. 2. Applicants which are individuals and firms shall pay a sum of ten thousand rupees as registration/ renewal fee at the time of grant or renewal of certificate by the Board. 3. A body corporate shall pay a sum of one lakh rupees as registration/ renewal fee at the time of grant or renewal of certificate by the Board. 4. The fee referred to in paragraph 1, 2 and 3 shall be paid by the applicant within fifteen days from the date of receipt of intimation from the Board by a demand draft in favor of 'Securities and Exchange Board of India' payable at Mumbai or at respective regional or local office. 2 The words or renewal omitted by the Securities and Exchange Board of India (Change In Conditions Of Registration Of Certain Intermediaries) (Amendment) Regulations,2016 w.e.f. 08-12-2016. 3 The words /renewal omitted by the Securities and Exchange Board of India (Change In Conditions Of Registration Of Certain Intermediaries) (Amendment) Regulations,2016 w.e.f. 08-12-2016. 4 Inserted by the by the Securities andExchange Board ofIndia (Change In Conditions Of Registration Of Certain Intermediaries) (Amendment) Regulations,2016 w.e.f. 08-12-2016. 5 by the Securities and Exchange Board of India (Change In Conditions Of Registration Of Certain Intermediaries) (Amendment) Regulations,2016 w.e.f. 08-12-2016. 6. Substituted vide Notification No. SEBI/LAD-NRO/GN/2021/04 dated 11-01-2021 before it was read as, a. For individuals and firms 5,000 7. Substituted vide Notification No. SEBI/LAD-NRO/GN/2021/04 dated 11-01-2021 before it was read as b. For Body Corporate including Limited Liability Partnerships 25,000 8. Substituted vide Notification No. SEBI/LAD-NRO/GN/2021/04 dated 11-01-2021 before it was read as, 2. Every applicant shall pay registration 3 [***] fee at the time of grant or renewal of certificate by the Board as under: a. for individuals and firms 10,000 b. for Body Corporate including Limited Liability Partnerships 5,00,000 ] 9. Substituted vide Notification No. SEBI/LAD-NRO/GN/2021/04 dated 11-01-2021 before it was read as prescribed at paragraph 2 above 10. Substituted vide Notification No. SEBI/LAD-NRO/GN/2021/04 dated 11-01-2021 before it was read as . 11. Inserted vide Notification No. SEBI/LAD-NRO/GN/2021/04 dated 11-01-2021 12. Substituted vide Notification No. SEBI/LAD-NRO/GN/2023/121 dated 07-02-2023 w.e.f. 01-04-2023 before it was read as, 4. The fee referred to in paragraph 2 shall be paid by the applicant within fifteen days from the date of receipt of intimation from the Board by way of demand draft in favour of Securities and Exchange Board of India' payable at Mumbai or at respective regional or local office. or by way of direct credit in the bank account through NEFT/RTGS/IMPS or any other mode allowed by RBI.