Money Services Business Act 2011 · s 8

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s 8Fees

(1)

A licensee shall pay to the Bank—

(a)

an annual fee for each of its offices; and

(b)

such other fees as the Bank may prescribe relating to its money services business, of such amount and in such manner as the Bank may prescribe.

(2)

There shall be no refund of any annual fee or other fees paid under subsection (1) by the Bank to any person in the event a licence is revoked, or not renewed by the Bank, or surrendered to the Bank, before the expiry of the licence.