Regulation 4 - Rate of regulatory fee - Securities and Exchange Board of India (Regulatory Fee on Stock Exchanges) Regulations, 2006

Rate of regulatory fee 4. (1) A recognised stock exchange having an annual turnover mentioned in column (2) of the following Table shall pay to the Board, within thirty days of conclusion of the relevant financial year, an amount mentioned in the corresponding entry in column (3) of the said Table: Sl. No. (1) Annual Turnover (Rupees in crores) (2) Amount of fee (Rs.) (3) 1. Less than or equal to 10,000 1,00,000/- 2. More than 10,000 but less than or equal to 1,00,000 10,00,000/- 3. More than 1,00,000 but less than or equal to 5,00,000 50,00,000/- 4. More than 5,00,000 but less than or equal to 10,00,000 1,00,00,000/- 3 [ 5. More than 10,00,000 Rs.1,00,00,000 plus 0.000012 per cent of the annual turnover in excess of Rs.10,00,000 crores ] Explanation: For the purposes of this sub-regulation, the expression annual turnover shall mean the aggregate value of the transactions which took place on the recognized stock exchange during the relevant financial year: 2 [ Provided that for a period of two years from the date of commencement of Securities and Exchange Board of India (Regulatory Fee on Stock Exchanges) (Amendment) Regulations, 2015, a regional commodity derivatives exchange shall pay to the Board, an annual regulatory fee of fifty thousand rupees, within thirty days of conclusion of the relevant financial year.] (2) A recognised stock exchange shall also pay to the Board, within fifteen days of end of each quarter of a financial year, an amount equal to ten per cent of the aggregate of listing fees collected by it from issuers whose securities are listed on it, during that quarter: Provided that the fees due under sub-regulation (2) in respect of the last quarter of a financial year may be paid within thirty days of conclusion of the quarter, together with the fees due under sub-regulation (1). Explanation: For the purposes of this sub-regulation, the expression listing fees shall mean all fees collected by a recognised stock exchange from any company or other entity whose securities are listed thereon, towards listing of such securities. ******** 1 Substituted for figure 2,00,00,000 by SEBI (Payment of Fees) (Amendment) Regulations, 2014, w.e.f. 23 05 2014. 2 Inserted by SEBI (Regulatory Fee on Stock Exchanges)(Amendment) Regulations, 2015, w.e.f. 28 09 2015. 3. Substituted vide Notification No. SEBI/L.A.D.-N.R.O./G.N./2019/03 vide 22-03-2019 before it was read as 5. More than 10,00,000 1 [Rs 1,00,00,000 plus 0.00006% of the annual turnover in excess of Rs. 10,00,000 crores, subject to a maximum of Rs. 20,00,00,000.]